Sept. 21 (UPI) — The Dow Jones Industrial Average recorded its worst day in about two weeks on Monday amid ongoing considerations about the COVID-19 pandemic.
The blue-chip index fell 509.72 aspects, or 1.84%, its worst day since Sept. 8, when it fell 2.3%. The S&P 500 marked its fourth straight day of losses for the principle time since February as it dropped 1.16% and the Nasdaq Composite notched dinky losses, falling 0.13%.
Shares that will possess the profit of the lifting of restrictions related to the pandemic declined amid reviews Britain was once engaging a pair of renewed lockdown. Carnival cruise line stock fell 6.66%, Delta Air Lines stock fell 9.25% and Southwest Airways dropped 5.8%.
Bank shares furthermore suffered Monday as Deutsche Bank dropped 8.25% and JPMorgan Bolt slid 3.09%.
Tech shares, which possess served as a bellwether for the larger market in most modern months, rebounded from losses final week as Netflix grew 3.7%, Apple won 3.03%, Microsoft increased 1.07% and Amazon closed the day up 0.19%.
Monday’s declines build the market on tempo for one among the worst September declines in years.
The S&P 500 was once down 11% on the month, its worst September since 2002, the Dow was once down 5.6%, its worst drop since 2011, and the Nasdaq has fallen 9.8%, its worst September decline since 2008.
