United States

Stocks fall again after Dow’s 1,000-point drop on coronavirus fears

US stocks continued a massive selloff Tuesday as a benchmark bond yield slid to a record low amid fears about the growing coronavirus outbreak. The major US stock indices failed to sustain a slight rebound after the opening bell. The Dow Jones Industrial Average — which suffered its worst single-day drop in two years on Monday — dropped as much as 313.96 points, or 1.1 percent to 27,646.84 after climbing 0.6 percent at the open. The S&P 500 rose also 0.6 percent in early trading but later sank 1.2 percent, or 39.06 points, to a low of 3,186.83 after erasing its gains for the year on Monday. The Nasdaq composite also tumbled nearly 1.2 percent, shedding 109.21 points to hit a low of 9,112.07 following a 1 percent jump after th ...