Shares of industrial and transportation companies fell sharply as a spike in infections stirred worries about the outlook for economic growth.
"Expectations remain high that the country might face regional lockdowns and not a state-wide reversal of reopening plans," said Edward Moya, senior market analyst at foreign-exchange brokerage OANDA.
Jason Industries, which makes seats for Harley-Davidson motorcycles, John Deere tractors and others, has filed for chapter 11 bankruptcy, planning to cut about $250 million from its balance sheet.
Write to Rob Curran at rob.curran@dowjones.com
