Stocks Fall as Dow Drops More Than 800 Points

U.S. stocks fell, extending their April losses, as investors digested earnings reports from leading companies and weighed concerns about inflation and the spread of Covid-19 in China.

Stocks slid for much of Tuesday, dropping further late in the session. The S&P 500 closed down 2.8%, or 120.92 points, to 4175.20, a day after tech stocks led major indexes higher. The Dow Jones Industrial Average declined 2.4%, or 809.28 points, to 33240.18, while the Nasdaq Composite lost 4%, or 514.11 points, finishing at 12490.74.