NEW YORK — U.S. stocks fell sharply Monday, following a sell-off in overseas markets, as a surge in virus cases and a worrisome spread of the disease outside China sent investors running for safety.
The Dow Jones Industrial Average slumped 866 points, or 3%, to 28,127, giving up all of its gains for the year. The S&P 500 index skidded 2.7%. The Nasdaq fell 3.1%as of 11:07 a.m.