Stocks Fall On COVID-19 Fears, Dow Drops 700, While Biden Touts Economy

(New York, NY) — Wall Street is starting the week with a major sell-off. Stocks fell sharply amid investor concerns over the surge in COVID-19 cases and its impact on the global economy. Airline stocks plunged with United, Delta and American losing more than five percent. At the closing bell, the Dow Jones Industrial Average lost 725 points to 33-962. The S&P 500 lost 68 points to 42-58 and the Nasdaq fell 152 points to 14-274.