Dow’s 3% tumble would mark its worst since April as stock-market selloff accelerates on Monday

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The Dow Jones Industrial Average was trading over 800 points lower, or down by about 3%, on Monday at 26,835, which would set up the worst decline for the blue-chip benchmark since April 1 when the index dropped 4.4%, or 973 points, according to FactSet data. The decline for the index came as global markets broadly swooned amid talk of renewed restrictions on business activity and reimplementation of social-distancing measures in Europe to limit the spread of COVID-19. London Mayor Sadiq Khan was in talks on Monday to discuss introducing new measures to stem the coronavirus’ spread.
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