⁍ The United States, Russia and France set daily records for coronavirus infections.
⁍ The number of hospitalized Americans with COVID-19 jumped to a two-month high.
⁍ Wall Street’s fear gauge hit its highest in more than seven weeks as uncertainty grew over the Nov. 3 election.
– The Dow fell more than 500 points on Monday, its biggest drop in four weeks, as investors worried about the looming election and the spread of the coronavirus. The Dow dropped 465 points, or 1.81%, to 27,685, while the Nasdaq fell 189 points, or 1.64%, to 11,358. The S&P 500 fell 64.42 points, or 1.81%, to 3,400, and the Nasdaq fell 189.35 points, or 1.64%, to 11,358. A spokesman for House Speaker Nancy Pelosi said she is still optimistic an agreement can be reached before the election.
Source: https://www.reuters.com/article/us-usa-stocks/wall-street-closes-down-on-soaring-virus-cases-us-stimulus-worries-idUSKBN27B18B