since the financial crisis of 2008.
On Wall Street, the Dow Jones Industrial Average fell 410.32 points, or 1.84 percent, to 21,917.16, the S&P 500 lost 42.06 points, or 1.60 percent, to 2,584.59 and the Nasdaq Composite dropped 74.05 points, or 0.95 percent, to 7,700.10. The number of coronavirus infections globally headed toward 800,000. Deutsche Bank analysts noted, however, that for 2 consecutive days, the global growth in new cases was below 10 percent, after exceeding that for most of the past two weeks.
"In spite of the significant sell-off of most growth-oriented assets since mid-February, we are concerned there is further downside ahead," said Salman Baig, an investment manager at Unigestion.
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