U.S. stocks tumbled Thursday after the Federal Reserve warned of a slow economic recovery and a number of states reported a resu

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U.S. stocks tumbled Thursday after the Federal Reserve warned of a slow economic recovery and a number of states reported a resurgence in COVID-19 cases.

U.S. equity markets plunged Thursday morning after the Federal Reserve warned of a slow economic recovery and a number of states reported a resurgence in COVID-19 infections. The Dow Jones Industrial Average tumbled 904 points, or 3.35 percent, while the S&P 500 and the Nasdaq Composite dropped 2.75 percent and 2.3 percent, respectively.

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