Dow drops more than 800 points as September sell-off continues; European stocks close down over 3% as bank allegations, coronavirus roil markets; BELEX15 up only 0.03% 
Stocks fell sharply on Monday as fears about the worsening coronavirus as well as uncertainty on further fiscal stimulus rattled traders. The Dow Jones Industrial Average dropped 843 points, or 3.1%. The S&P 500 lost 2.5% while the Nasdaq Composite fell 1.6%. Monday’s decline put the Dow on pace for its worst day since June 11, when it plunged more than 6%. The S&P 500 was headed for its biggest one-day sell-off since Sept. 8. 
Bank stocks also contributed to the broader market drop after a report found that a number of global banks moved allegedly illicit funds. Shares of Deutsche Bank dropped 9.1%, while JPMorgan Chase fell 4.5%. 
Shares of General Motors fell 5.8% after Nikola founder Trevor Milton resigned from his post of executive chairman. Milton’s departure — which sent Nikola shares down more than 20% on Monday — comes after the two companies announced a partnership earlier this month. 

European stocks closed sharply lower Monday as allegations surrounding bank dealings and rising coronavirus infections weighed on market sentiment around the world. 
The pan-European Stoxx 600 closed down by over 3.2% provisionally, with banks plunging 5.7% and travel stocks tumbling 5.2% to lead losses as all sectors and major bourses slid into negative territory. 
In terms of individual share price action, Germany’s United Internet plunged more than 24% by the afternoon after lowering its outlook, while Network International dropped 11% to extend a recent slide. 

BELEX15 added only symbolic 0.03%, as there were only minor positive changes at NIS and Belgrade Airport. The most active name was NIS, as it generated RSD 1.2m in volume. There were no major macro or corporate news yesterday. 
Source: CNBC, Ilirika