USA: Stocks Close Sharply Lower on Rising Coronavirus Cases - as Donald Trump brags the US turned the corner on the Coronavirus

U.S. stocks continued to sell off on Wednesday in what is shaping up to be their worst week since late March, as rising coronavirus infections shook investors’ confidence in the global economic recovery.The Dow industrials lost 943.24 points, or 3.4%, to 26519.95, their fourth losing session in a row and worst day since June 11.

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U.S. stock futures drop sharply after Wall Street's worst week since March

U.S. stock index futures dropped sharply late Sunday, suggestincontinued choppy trading Monday following Thursday's deep selloff andFriday's partial rebound. As of 10 p.m.Eastern, Dow Jones IndustrialAverage futuresYM00,  -1.40% were down more than 300 points, or 1.3%, while S&P 500 futuresES00, -1.27%and Nasdaq-100 futures NQ00, -0.73%fell as well. Dallas Fed President Robert Kaplan said Sunday that the U.S. economic recovery hinged on effective public health measures to contain the coronavirus pandemic. "The extent we do that well will determine how quickly we recover. We'll grow faster if we dothose things well," Kaplan told CBS News' "Face the Nation." "And rightnow, it's relatively uneven." Lasteek,Wall Street posted its worst week since March,with all three major indexes on Thursday seeing their sharpest one-daydrops since March 16. On Friday, The Dow Jones Industrial Average JIA, +1.90% gained 477.37 points, or 1.9%, to close at 25,605.54, while the S+1.30% added 39.21 points, or 1.3%, at 3.041.31, and the Nasdaq Composite IndexCOMP, +1.01%climbed 96.08 points, or 1%, to 9,588.81.

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U.S. stock futures drop sharply after Wall Street's worst week since March - MarketWatch