Dow Plunges 1,862 Points, Worst Day Since Start of Shutdown Amid New Fed Warning and Concerns of Pandemic Resurgence

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The Dow on Thursday suffered its worst losses since it cratered nearly 3,000 point on March 16, dropping 1,862 points, or nearly seven percent, to close at 25,128. The massive drop was the fourth-largest single-day point decline in Dow Jones history, and came after the U.S. Federal Reserve left interest rates unchanged and the number of U.S. Covid-19 cases surpassed two million.

In a Wednesday press conference, Fed Chairman Jerome Powell told
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