Dow Jones

A day earlier, the Federal Reserve said the road back to recovery would be long.

He also said he sees a chance of recession and promised help to the struggling airline industry.

The steep drops over the last month have wiped out most of the big run-up.

The losses accelerated after health authorities declared the outbreak a pandemic.

Europe fell into a bear market.

Demand for bonds, gold, and other safe-harbor assets surged.