March 23, 2020 / 8:15 PM / 5 days ago

Wall Street extends sell-off despite historic Fed boost

NEW YORK (Reuters) - Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy.

Based on the latest available data, the Dow Jones Industrial Average .DJI fell 575.58 points, or 3%, to 18,598.4, the S&P 500 .SPX lost 65.55 points, or 2.84%, to 2,239.37 and the Nasdaq Composite .IXIC dropped 16.37 points, or 0.24%, to 6,863.14.

Reporting by Noel Randewich; Editing by Chris Reese

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