Coronavirus whacks Dow but lifts disease fighting stocks

Stocks were slammed Monday as the number of people affected by the coronavirus surged over the weekend.

All three of the major averages fell at least 1.6 percent, finishing just off their worst levels of the day. The Dow, which dropped 454 points, is now slightly negative for the 2020 year.

By midnight Sunday, there were 2,744 confirmed cases of the virus and 80 deaths, according to China’s National Health Commission. There have been five confirmed cases in the U.S., health officials said.

President Trump tweeted that the U.S. is...