The three major U.S. stock indexes closed out the final trading day of a turbulent October with more losses, capping a wretched week marked by a record surge in coronavirus infections, dashed hopes for an economic rescue deal before the election and renewed fears of a new wave of business disruptions.
The Dow Jones industrial average fell 157.51 points, or 0.6 percent, to close at 26.501.60. The blue-chip index has shed 6.5 percent since Monday, marking its worst week since March. It also fell 4.6 in October to record its second straight monthly loss. The S&P 500 index tumbled 40.15 points, or 1.2 percent, to settle at 3,269.96. The tech heavy-Nasdaq gave up nearly 274.00 points, or 2.5 percent, to end at 10,911.59.