Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 5, 2020 at Wall Street in New York City.
Johannes Eisele | AFP | Getty Images
Dow Jones Industrial Average falls 361 points
Record hospitalizations in Florida
Stocks hit their lows of the day after Florida reported a record in coronavirus-related hospitalizations. The state also reported a record spike in Covid deaths. “There’s less reason for optimism now than there was in April,” said one economist. “We’re still looking at a vaccine some time early next year, but it’s become clear that it’ll be very difficult to open without causing a renewed surge” in coronavirus cases.
Walgreens tumbles, tech gains
What happens next?
The U.S. producers purchasing index is set for release Friday.
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