The Dow Jones Industrial Average sank by more than 1,800 points and the S&P 500 dropped by 5.9 percent, its worst day since mid-March, when stocks went through repeated harrowing falls as the virus lockdowns began. The S&P 500 rallied 44.5 percent between late March and Monday, erasing most of its losses tied to the pandemic. The S&P 500 dropped by 188.04 points at 3,002.10, its biggest decline since March 16. The Dow skidded by 1,861.82 points, or 6.9 percent, at 25,128.17. The Nasdaq composite, which climbed above 10,000 for the first time a day earlier, lost 527.62 points, or 5.3 percent, at 9,492.73.

Source: The Standard June 12, 2020 01:18 UTC