Wall Street tumbles as US coronavirus cases pass 85,000; Dow falls 4%

The Dow Jones Industrial Average slumped 4.06% to end at 21,636.78 points, while the S&P 500 lost 3.37% to 2,541.47

Wall Street stocks tumbled on Friday, ending a massive three-day surge after doubts about the fate of the US economy resurfaced and the number of coronavirus cases in the country climbed.

US stocks deepened their losses late in the session, even after the House of Representatives approved a $2.2 trillion aid package - the largest in American history - to help people and companies cope with an economic downturn caused by the coronavirus outbreak and provide hospitals with urgently needed medical supplies.

The United States has surpassed China and Italy as the country with the most coronavirus cases. The number