U.S. stocks opened sharply lower Wednesday, under pressure as a continued rise in COVID-19 cases threatened to prompt renewed lockdowns in Europe and raised worries about the strength of the economic recovery in the U.S.
The Dow Jones Industrial Average DJIA, -2.21% dropped 528.92 points, or 1.9%, to 26,934, while the S&P 500 SPX, -2.22% dropped 63.32 points, or 1.9%, to 3,327.36. The Nasdaq Composite COMP, -2.56% fell 226.04 points, or 2%, to 11,205.31.
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