Stock market today: Dow drops 700 points to end the week as coronavirus spike raises concern over the economy https://www.cnbc.com/2020/06/25/stock-market-futures-open-to-close-news.html Stocks fell sharply on Friday after Texas rolled back some of its reopening measures , raising concern about the latest spike in coronavirus cases and its impact on the economy. The Dow Jones Industrial Average closed 730.05 points lower, or 2.8%, at 25,015.55. The S&P 500 slid 2.4% to 3,009.05 and the Nasdaq Composite dropped 2.6% to close at 9,757.22. Those losses led to the major averages’ second weekly drop in three weeks. The Dow and S&P 500 fell 3.3% and 2.9%, respectively, for the week and the Nasdaq lost 1.9% in that time period. “Coronavirus cases are spiking and reopenings are being delayed, which at a minimum will impact earnings,” said Tom Essaye, founder of The Sevens Report. “The resurgence in coronavirus cases is raising concerns