Reflecting investor anxiety amid mounting fears over the swift spread of the new coronavirus that originated in China, U.S. markets nosedived on Monday.

The Dow Jones Industrial Average fell 453-point-nine points, or one-point-six percent, to end the day's trading at 28-thousand-535-point-eight points.

The Standard and Poor's 500 slid 51-point-eight points or one-point-six percent to close at three-thousand-243-point-six points, while Nasdaq lost 175-point-six points or one-point-nine percent to end the session at nine-thousand-139-point-three points.

The benchmark ten-year U.S. Treasury yield, which moves inversely to price, plunged to one-point-six percent, its lowest level in more than three months.

U.S. West Texas Intermediate crude was down one-point-nine percent, while international benchmark Brent crude fell two-point-five percent.

Gold, a safe haven for investors in times of turmoil, was up point-four percent.