All three major US markets sink as investors fret over long recovery

The Dow plummeted 6.9 percent on Thursday in its sharpest one-day decline since the start of the coronavirus as investors face the prospect of a slow perhaps painful recovery.

The Dow Jones industrial average plunged 1,861.82 points, to close at 25,128.17, while S&P 500 slid 5.9 percent, to 3,002.10. Even the Nasdaq Composite index of tech stocks, which has been less affected by the pandemic, dropped 5.3 percent, to end the day at 9,492.73.