Dow drops more than 900 points | Germany and France brace for lockdowns | Hospitalizations rising

It was another tough day on Wall Street as concerns over the recent uptick in coronavirus cases and its impact on the global economic recovery sparked a broad market sell-off.

VIEW IN BROWSER | SUBSCRIBE WED, OCT 28, 2020 EVENING BRIEF AS OF WED, OCT 28, 2020 • 04:17 ET DJIA 26519.95 -3.43% -943.24 S&P 500 3271.03 -3.53% -119.65 NASDAQ 11004.87 -3.73% -426.48   Most Active DOW NAME LAST CHG %CHG AAPL 111.20 -5.40 -4.63% MSFT 202.68 -10.57 -4.96% INTC 44.25 -1.39 -3.05% S&P 500 NAME LAST CHG %CHG GE 7.42 +0.32 +4.51% AAPL 111.20 -5.40 -4.63% BAC 23.47 -0.38 -1.59% NASDAQ NAME LAST CHG %CHG AAPL 111.20 -5.40 -4.63% AMD 76.40 -2.48 -3.14% AAL 10.95 -0.28 -2.49%   EDITOR'S NOTE It was another tough day on Wall Street as concerns over the recent uptick in coronavirus cases and its impact on the global economic recovery sparked a broad market sell-off.   The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all dropped more than 3% on Wednesday. Those losses erased the monthly gains for the S&P 500 and Nasdaq. It was also the biggest one-day decline for the Dow since June.   U.S. Covid-19 cases have risen by a record daily average of about 71,832 over the past week, data compiled by Johns Hopkins University showed. Cases are also climbing across Europe, leading to some countries in the region reinstating certain social distancing measures. German officials agreed to a four-week partial lockdown. The French government was also expected to impose new restrictions to stem the recent coronavirus increase. In the U.S., the state of Illinois has ordered Chicago to shut down indoor dining.   "The lockdowns without the stimulus equals what we're seeing," CNBC's Jim Cramer said Wednesday. "I think there's going to be a call for lockdowns the likes of which we've seen in Chicago."   Bottom line, the increasing concerns around the coronavirus pandemic set up the broader market for even more volatility as the U.S. presidential election quickly approaches.   Catch The News with Shepard Smith at 7 p.m. ET on CNBC. The nightly newscast provides deep, non-partisan coverage and perspective on the day's most important stories. Fred Imbert | CNBC Markets Reporter @foimbert TOP NEWS  Dow sinks more than 900 points for its worst drop since June amid rising virus cases globally Germany announces new Covid restrictions, France braces for more as virus surges across Europe As Washington delays stimulus, the Fed is running out of ways to help the economy Covid cases, hospitalizations continue to surge as U.S. reaches 'critical point' in pandemic DAX plunges over 4% to lead the sell-off in Europe as Germany, France weigh lockdowns Biden's polling lead adds to market fears the economy will need to wait until next year for stimulus These are some of the favorite stay-at-home plays with coronavirus cases on the rise Texas is now rated a 'toss-up' in the race between President Trump and Joe Biden Stocks are hit hard by virus, election, and the next test will be Apple and Big Tech earnings Boeing to shed 7,000 more jobs as pandemic hits aircraft demand   TOP VIDEO Cramer: 'It's very hard to buy a lot of stocks when you see these numbers'   CNBC PRO 'Europe is center stage' — Wall Street veteran Art Cashin breaks down the sell-off   SPECIAL REPORTS This start-up promised higher interest rates on savings. Now some customers are struggling to get their money back Breakthrough robotic system promises to revolutionize microsurgery   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS