New York (CNN Business)In a painful start to the week for the Dow and the broader market, stocks tumbled at the opening bell in New York as investors worry when Washington will agree another stimulus bill.
Rising Covid-19 infections around the world as the colder seasons of the year are beginning are also weighing on the market.
European stock markets don't look better Monday, selling off as virus numbers are on the rise.
While stocks are getting hammered, the US dollar, measured by the ICE US Dollar Index is up 0.7%. US Treasury bonds are also in high demand Monday, and the 10-year bond yield dipped to 0.65%. Bond prices and yields move opposite to one another.
Washington is now arguing about whether a judge to fill Ginsburg's seat should be voted on before the election or after. In the latter case the stakes in the presidential election become even higher and could make it more likely that the result will be contested, Wizman said.