https://techcrunch.com/2020/03/16/all-major-indices-take-a-hit-as-covid-19-pandemic-continues/

All major indices fell sharply Monday as the COVID-19 pandemic continued its spread, prompting airlines to slash capacity and  state and local officials to close schools, businesses like restaurants and bars.

Stocks accelerated their fall in the waning minutes before the markets closed Monday as Wall Street reacted to a White House press conference with President Donald Trump National Institutes of Allergy and Infectious Diseases head Anthony Fauci, and Deborah Birx coronavirus response coordinator for White House coronavirus task force.