US stocks slumped to a two-month low amid growing concern over tighter coronavirus restrictions and as a report detailed suspicious transactions at global banks. Treasuries and the dollar climbed. The S&P 500 dropped for a fourth day – its longest slide since February – with commodity and industrial companies leading losses.

The Dow Jones Industrial Average was down 2.62 per cent at 26,932.97. The S&P 500 was down 2.21 per cent at 3,246.09 and the Nasdaq Composite was down 1.58 per cent at 10,622.667. Agencies

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