Stocks sink worldwide as coronavirus infections rise again

STAN CHOE

AP Business Writer

NEW YORK (AP) — Stocks are falling again Monday on fears that new waves of coronavirus infections could derail the swift economic recovery that Wall Street was sure was on the way.

The S&P 500 was down 0.9% in midday trading, though it pared its loss through the morning after being down 2.5% earlier. It follows up on even sharper losses in Asia and milder moves in Europe. The recent stumble for U.S. stocks means they're now 11% below their record set in February, after a furious rally had brought them back within 6% in the middle of last week.

The Dow Jones Industr...