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The Dow Jones Industrial Average dropped as many as 900 points in early trading Monday morning as fears the spread of COVID-19, better known as coronavirus, paralyzed the market.As of 2:30 ET Monday, the Dow was still down about 900 points.Gold prices also surged following reports of increases in COVID-19 in China and around the world.Markets in South Korea and Italy led the decline on Monday, falling nearly as much as 4.6%. Markets are down across Europe and Asia, while futures for U.S. benchmarks have also dropped sharply. Tokyo's markets are closed for a public holiday. South Korea, Iran, and Italy reported a large jump in new cases, potentially disrupting the world economy more deeply than expected. China's leaders promised more help for companies and the economy. Economists note it will be hard to avoid a big hit to the global economy at least in the current quarter. 896

The House of Representatives will not get President Donald Trump's financial records for now, the Supreme Court said on Monday.The ruling is a win for Trump, who is fighting on several fronts to shield the records from becoming public.In a brief order, the court granted the President's emergency request to block a subpoena from House Democrats to his long-time accounting firm from moving forward. There were no noted dissents.The justices set up an expedited briefing schedule to hear arguments from both sides on whether the court should agree to hear Trump's appeal this term. The President must file his opening brief on or before December 5.The House has said it could move forward with an impeachment vote by the end of December. 749

The family of a man who contracted COVID-19 on the Grand Princess and later died is suing Princess and Carnival Cruises, saying the companies should have known passengers on board were sick and should not have accepted more passengers.64-year-old Ronald Wong and his wife boarded the Grand Princess in March in San Francisco, Mexico. A month later, Wong died in a California hospital after testing positive for coronavirus.Wong's wife also contracted the virus, but later recovered.In the lawsuit, Wong's family claims the cruise line and its parent company should have known a passenger on the ship's previous voyage had tested positive for COVID-19.After reports emerged that several passengers had contracted the virus, the Grand Princess docked at the Port of Oakland on March 9. A total of 131 people aboard the ship tested positive for the coronavirus, and five later died. The lawsuit filed by Wong's family is one of roughly a dozen filed by passengers on the Grand Princess and their families.A spokesperson for Princess Cruises said the company does not comment on pending litigation. 1106

The first cases of coronavirus and COVID-19 have been confirmed in Michigan.Gov. Whitmer announced late Tuesday that she has also declared a state of emergency to assist local governments to slow the spread of the virus.The state has a website set up specifically for COVID-19 and is at 299

The Jersey City Fire Department honored Friday a man who spent more than five decades helping the on-duty firefighters after being saved from a fire at 10 years old.Gregory Greene, 65, was rescued from a fire at his home as a 10-year-old boy. Afterward, his father took him by the firehouse for Engine 20, Ladder 5, the unit that responded to his house fire. He then spent nearly every day helping with chores and visiting the firefighters at the firehouse, 470

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