Dow Sinks 750 Points, Microsoft, Chevron Lead Drop

Stocks tumbled Wednesday as COVID-19 lockdown fears gripped investors across the globe.

The Dow Jones Industrial Average dropped over 600 points or 2.6%, while the Nasdaq Composite and S&P 500 declined 2.9 and 2.7, respectively.

Dow members Microsoft, Chevron paced the drop along with Boeing announced it will be cutting workers as it reported its fourth straight quarterly loss as the pandemic continues to hurt business.