Stock market opens sharply lower Monday after worst week since March, with Dow down 600 points
The stock market slid sharply with Monday's opening bell, with new coronavirus outbreaks sparking more concern among investors about economic recovery.
The Dow Jones industrial average was down around 600 points, or 2.3%. The tech-heavy Nasdaq was down 108 points, and the Standard & Poor's 500 index was down 57 points.
The downturn continued last week's slide, which was the sharpest plummet since mid-March, prompted by the health and economic crises, despite a hopeful Friday rebound.
As of Monday, at least 114,000 people had died in the United States from covid-19, the disease caused by the coronavirus, in every state since February.
At least 2,087,000 cases have been reported. Public health officials fear new surges after large Memorial Day crowds and protests in cities across the U.S. and states launch reopenings.
