Wall Street slides as Fed boost fails to assuage virus worries

(Reuters) – U.S. stocks opened lower on Monday as a brief spurt of optimism from an aggressive credit boost by the Federal Reserve was overshadowed by the still rapidly spreading coronavirus pandemic.

The Dow Jones Industrial Average .DJI fell 145.62 points, or 0.76%, at the open to 19,028.36. The S&P 500 .SPX opened lower by 14.21 points, or 0.62%, at 2,290.71. The Nasdaq Composite .IXIC dropped 32.23 points, or 0.47%, to 6,847.28 at the opening bell.

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