DOW SLUMPS 350 POINTS, S&P 500 AT 3,600

Highlights

• Dow Jones Industrial Average index (DOW) and other main indexes on Wall Street slumped on Tuesday morning courtesy of disappointing retail sales data and a spike in new COVID-19 cases across the globe

• On the other hand, Tesla proved to be the saving grace for the tech-heavy Nasdaq restricting its losses

• Tesla’s shares surged 12 percent in hopes of a $51 billion trade by index ....