U.S. stocks fell sharply Wednesday on concerns about the growth of new coronavirus infections and their potential impact on the global economy.

Analysis suggests that global investors don't want places to go back into lockdown because of the outbreak, but that appears to be being challenged as never before. European stocks, as the second wave of new coronavirus infections in Europe intensified, investors worried that the government was forced to offer a more stringent anti-epidemic blockade measures and thus impact the economy, European stocks on October 28, the opening of heavy losses, Germany, France, the United Kingdom stock market collectively plummeted 3% or 4%!

It is reported that in the new crown pneumonia confirmed cases surge and the U.S. fiscal stimulus plan in the short term after no hope, investors continued to sell U.S. stocks on Wednesday, the three major indexes opened low and closed sharply lower.

The Dow Jones industrial average closed down 943.24 points, or 3.4 percent, to 26,519.95, falling for the fourth straight session.

The S&P 500 fell 3.5 percent, or 119.65 points, to 3,271.03, falling below the key 3,300 mark,

while the Nasdaq Composite Index lost 3.7 percent, or 426.48 points, to 11,004.87. Both the Dow and the S&P 500 posted their biggest one-day losses since June 11th.

Gold fell more than $ 35 during the day, crude oil plunged 5%, the oil market on Wednesday was hit by multiple negative storm, WTI crude oil futures once plunged more than 6%, Brent crude oil futures fell more than 5%, Europe and the United States to strengthen the epidemic control, U.S. crude oil stockpiles rose sharply and a record increase in single-week production are to hit the market confidence.

According to a CCTV news report, the U.S. city of Chicago, Illinois, will implement a stricter epidemic management from October 30, the catering industry is once again prohibited from indoor dining, and outdoor business must be shut down at 11 pm. The state announced the new rules on October 27, and said the latest measures were taken for safety reasons, as Chicago has recently reported seven consecutive days of increased hospitalizations and eight consecutive days of elevated test confirmations.