⁍ U.S. stocks fell on the 33rd anniversary of the 1987 ‘Black Monday’ crash.

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⁍ Investors are also waiting to see whether the final debate between U.S. President Donald Trump and his Democratic challenger Joe Biden will shift the trajectory of the election.

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⁍ Drugmaker Pfizer Inc said on Friday it could have a coronavirus vaccine ready in the United States by the end of this year.

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– The Dow Jones Industrial Average fell more than 400 points on Monday, its biggest drop in more than two weeks, as record highs set last week were erased. The S&P 500 and Nasdaq also fell by more than 2% each as the market marked the 33rd anniversary of the 1987 “Black Monday” crash, which saw a drop of more than 6,500 points in the Dow. The sell-off came as record highs set last week were erased as record daily coronavirus infections in Europe sparked fears of more severe lockdown restrictions while US investors stayed on the sidelines ahead of corporate earnings season. “The market is becoming numb to it to a certain extent because we’re getting vaccine headlines every other day,” a trader at Bright Trading LLC tells Reuters. “I think markets are going to lack direction for a couple of days until we get some clarity for how these earnings are going to look.”