NEW YORK (AP) -- U.S. stocks fell sharply in early trading Monday, following a broad sell-off in overseas markets, as as a surge in virus cases and a worrisome spread outside of the epicenter in China sent investors running for safety.
The Dow Jones Industrial Average slumped 840 points, or 2.9%, to 28,146 and gave up all of its gains for the year.
The S&P 500 index skidded 2.7% and gave up most of its gains for 2020.
The Nasdaq fell 3.2%.
South Korea is now on its highest alert for infectious diseases after cases there spiked. Italy also reported a sharp rise in cases.
