Dow drops 308 points as rising COVID-19 cases cloud economic-recovery optimism

Traders work on the floor of the New York Stock Exchange.
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The S&P 500 and the Dow Jones Industrial Average mark their third declines in four sessions.European COVID-19 cases are rising and spurring more lockdowns in the region.US economic recovery continues but is 'far from complete,' says Fed Chairman Powell.See more stories on Insider's business page.
US stocks dropped Tuesday as a rise in COVID-19 cases in Europe stoked concerns about the path for recovery in t