Dow opens 2.5% lower, resuming downward slide on virus fears

NEW YORK - Wall Street stocks tumbled again in opening trading on Thursday on fears of a global slowdown due to the coronavirus, extending the run of volatility that has dominated markets in recent weeks.

Stocks have zigzagged this week as investors have assimilated the latest on the spread of the coronavirus and the response of the Federal Reserve and other policy makers to combat the economic effects with stimulus, along with the shifting outlook of the US 2020 presidential race with the surge of former Vice President Joe Biden.

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