The New York Stock Exchange (NYSE) is pictured on August 31, 2020 at Wall Street in New York City. (Photo by ANGELA WEISS/AFP via Getty Images) U.S.
equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S.
election.The Dow Jones Industrial Average fell over 900 points or 2.9% mid-morning as selling accelerated, while the S&P 500 slid 2.5% and the Nasdaq Composite lost 1.9%.Mega-cap tech stocks that have dictated the market’s direction, remained under pressure, with the major averages on track for a fourth straight weekly decline as Apple and Amazon dropped.With Election Day just over six weeks away, investors are gearing up for a tense battle.