BY DEVIK JAIN
U.S. stocks opened sharply lower on Thursday with the Nasdaq falling after a four-day rally on fears of a second wave of coronavirus infections and a grim economic forecast from the Federal Reserve.
The Dow Jones Industrial Average <.DJI> fell 707.48 points, or 2.62%, at the open to 26,282.51. The Nasdaq Composite <.IXIC> dropped 229.11 points, or 2.29%, to 9,791.24 at the opening bell. The S&P 500 <.INX> was down 88.15 points, or 2.76%, at 3,101.99 after market open.