Dow tumbles 915 points as coronavirus spread offsets stimulus bill passage

Investors also further digested dire jobless-claims data and awaited President Donald Trump's final signature on a $2 trillion coronavirus stimulus bill.
The decline ended a three-day rebound for US equities, the first such streak of gains since mid-February.
The Dow Jones industrial average is fresh off a 21% spike over just three days pushing it back into bull market territory after a short respite.
Watch all major indexes update live here .

Stocks plunged on Friday as coronavirus infections in the US increased to outnumber those in China for the first time.

Investors also further digested dire jobless-claims data and awaited President Donald Trump's final signature on a $2 trillion coronavirus stimulus bill. The decline ended a three-day rebound for US equities, the first such streak of gains since mid-February.

Here's where the major US indexes stood at the market close on Friday:

S&P 500 : 2,541.47, down 3.4%
Dow Jones industrial average : 21,636.78, down 4.1% (915 points)
Nasdaq composite : 7,502.38, down 3.8%

The Dow Jones industrial average was fresh off a 21% spike over just three days pushing it back into bull market territory after a short respite.

The strong week for stocks came amid optimism about the $2 trillion stimulus bill, which was finally passed in the House on Friday. The legislation calls for direct payments of $1,200 to many Americans, bolstered unemployment benefits, and hundreds of billions of dollars in loans for struggling businesses.

Brent crude oil traded low on Friday as the global price war rages on. Gold fell 1.7%, holding on to gains made earlier in the week. The precious metal skyrocketed in Monday's and Tuesday's sessions after Goldman Sachs recommended clients buy the haven amid the growing market panic.

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