Stocks finish lower as shutdowns ramp up

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stocks closed sharply lower Wednesday, weighed down by fresh signs of COVID-19's ability to disrupt the economy.

U.S. stocks closed sharply lower Wednesday, weighed down by fresh signs of COVID-19's ability to disrupt the economy. The Dow Jones Industrial Average DJIA, -1.15% lost 344 points, 1.2%, to close near 29,437, based on preliminary numbers, while the S&P 500 SPX, -1.15% fell 42 points, 1.2%, and closed near 3,568. The Nasdaq Composite Index COMP, -0.82% was down 98 points, 0.

8%, at the close, ending at about 11,802. New York City Mayor Bill de Blasio said mid-afternoon that schools would close starting Thursday as the city's coronavirus cases breached a key threshold. Still, some investors are looking past what's likely to be an increasingly grim winter: shares of airline companies like Delta Air Lines Inc. DAL, +0.82% and United Airlines Holding Inc. UAL, +1.10% were among the day's biggest winners.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

good luck

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines