Dow skids 700 points as Fauci warns on coronavirus vaccine timing
Tesla shares were lower for a 3rd day
By Jonathan Garber FOXBusiness
U.S. equity markets tumbled Thursday after Dr. Anthony Fauci dashed hopes that a COVID-19 vaccine was coming soon, contradicting documents from the Centers for Disease Control and Prevention.
Fauci told CNN a vaccine was unlikely to be ready by the end of October. In a separate interview with NBC News' "Today," Fauci said a vaccine was likely by the end of the year.
The Dow Jones Industrial Average fell over 700 points, or 2.6%, with Microsoft leading the decline.
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https://www.foxbusiness.com/markets/us-stocks-sept-3-2020