U.S. stocks on Thursday booked their worst daily plunge since fears about the economic impact of measures to curtail the spread of the COVID-19 pandemic took root in investors’ psyches back in March.
The Dow Jones Industrial Average
tumbled roughly 1,862 points and the S&P 500
lost 5.9% to tally their worst one-day declines since March 16, according to Dow Jones Market Data.
Bespoke Investment Group noted that the broad-market S&P 500’s greater-than-5% tumble, on the back of rejuvenated fears of an emerging second wave of the illness derived from the novel strain of coronavirus and a…