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Coronavirus: TSX, Wall Street drop at the open despite stimulus news
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North American stock markets dropped again at the open on Wednesday despite extraordinary government efforts to stem the spread of the novel coronavirus and blunt the effect of business closures amid the health emergency.
The Dow Jones Industrial Average fell 1,048.69 points, or 4.94 per cent, at the open to 20,188.69, while the S&P 500 opened lower by 92.69 points, or 3.66 per cent, at 2,436.50.
The Nasdaq Composite dropped 432.47 points, or 5.90 per cent, to 6,902.32 at the opening bell. In Toronto, the benchmark S&P/TSX composite index was down 516 points to 12,168 at 9:50 a.m.
ET. The Canadian dollar fell below the 70-cents US mark, dropping to 69.15 cents US. Main indexes in Canada and the U.S. had bounced on Tuesday from a massive
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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