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US STOCKS-Wall Street sinks 3%, Dow at late July lows as pandemic surges – Reuters

(New throughout, updates prices, market activity and comments to market close)
NEW YORK, Oct 28 (Reuters) – U.S. stocks tumbled on Wednesday, with the Dow closing at lows last seen in late July, as coronavirus cases soared globally and investors also worried about the possibility of a contested U.S. presidential election next week.
The spiraling pandemic and Washingtons failure to reach a deal on new fiscal stimulus before the Nov. 3 election drove all three stock indexes to close almost 3% lower.

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