![Stocks Sink Worldwide as Coronavirus Infections Rise Again](http://townsquare.media/site/101/files/2020/03/GettyImages-1206599253.jpg?w=980&q=75)
Stocks Sink Worldwide as Coronavirus Infections Rise Again
NEW YORK (AP) — Stocks are falling again Monday on fears that new waves of coronavirus infections could derail the swift economic recovery that Wall Street was sure was on the way.
The S&P 500 was down 1% in midday trading, after earlier being down as much as 2.5%. The recent stumble means U.S. stocks are now 11% below their record set in February, after a furious rally had brought them back within 6% in the middle of last week.
China is reporting a new outbreak, and New York's governor is upset groups of people are packing together outside bars and restaurants without face masks, in violation of restrictions.
![KGAB logo](https://townsquare.media/wp-content/uploads/2019/05/KGABAM.png?w=100)
Enter your number to get our free mobile app
KEEP READING: Get answers to 51 of the most frequently asked weather questions...
More From KGAB
![Cheyenne Man Hit With Felony After Allegedly Breaking Down Door](http://townsquare.media/site/99/files/2024/07/attachment-Untitled-design-2024-07-26T111230.949.jpg?w=980&q=75)
![Governor Gordon Orders Flags To Half-Staff July 31 For Gus Fleischli](http://townsquare.media/site/107/files/2021/12/attachment-RS16839_Wyoming-Flag-02-2016-4.jpg?w=980&q=75)
![Final CFD 2024 Pancake Breakfast Draws Thousands](http://townsquare.media/site/99/files/2021/07/attachment-6-2.jpg?w=980&q=75)
![Commercial Building West of Cheyenne Burglarized](http://townsquare.media/site/99/files/2024/04/attachment-Untitled-design-2024-04-05T105208.628.jpg?w=980&q=75)
![Torrential Monsoon Rains, Flooding Possible In SE Wyoming](http://townsquare.media/site/99/files/2022/09/attachment-storms.jpg?w=980&q=75)
![Cheyenne Man Accused of Robbing 2 Banks, Hitting Cop With Hammer](http://townsquare.media/site/99/files/2024/07/attachment-Untitled-design-2024-07-26T090524.364.jpg?w=980&q=75)
![4 New Fugitives Added to Laramie County’s ‘Most Wanted’ List](http://townsquare.media/site/99/files/2024/07/attachment-Untitled-design-2024-07-25T173423.198.jpg?w=980&q=75)
![UPDATE: Man Suspected of Robbing 2 Cheyenne Banks Now in Custody](http://townsquare.media/site/99/files/2024/07/attachment-Untitled-design-2024-07-25T160820.797.jpg?w=980&q=75)
![Cheyenne Woman Charged After Troopers Find Drugs in Her Purse](http://townsquare.media/site/99/files/2024/07/attachment-Untitled-design-2024-07-25T131926.367.jpg?w=980&q=75)