U.S. Stocks Slide Into a Correction as Virus Fears Show No Sign of Easing

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

U.S. stock losses deepened, with the Dow falling about 1,200 points to close in correction territory, off more than 10% from a recent high

U.S. stocks closed sharply lower Thursday as investors braced for the spreading coronavirus to slow business activity and depress corporate earnings.

The Dow Jones Industrial Average fell 4.4%, about 1,186 points, as of 4 p.m. Eastern time, and the Nasdaq Composite slid 4.5%. The S&P 500 was down 4.4%. All three closed near the lows on the day and finished the session down more than 10% from their recent highs, a decline known as a correction.

 

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

👍

Partial healthcare coverage is more expensive than you think.

For those of us who are still paying into IRAs and 401ks, it’s very encouraging. I get to buy shares on sale! Yea Me!

Maybe greedy American corps shouldn't have outsourced manufacturing and jobs to Communist China. Hopefully, this is a wake up call. MADEinUSA

So what’s everyone buying at at a discount?

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:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks enter correction, Dow plunges by 780 points, as coronavirus fears multiplyA correction indicates a drop of 10 percent from the 52-week high, making this the worst week for Wall Street since the financial crisis.
Source: YahooNews - 🏆 380. / 59 Read more »

Stocks enter correction, Dow plunges by 780 points, as coronavirus fears multiplyA correction indicates a drop of 10 percent from the 52-week high, making this the worst week for Wall Street since the financial crisis. Who is listening to you or watching anymore? No, I’m not a Russian troll - but an American blue collar white guy, turning off conservative MSNBC. Thanks gop Stock markets don't like shaky governance. realDonaldTrump this is going to be your legacy along with fu**ing up CoronavirusOutbreak response.
Source: MSNBC - 🏆 469. / 51 Read more »

Instant View: U.S. stocks confirm correction on pandemic fearsWall Street's main indexes tumbled on Thursday, putting them more than 10% ... ima buy a shit ton of stonks after the market takes a dump. Coronavirus 02/27/2020 USA braces for the new flu. In 2017-2018 there were 45,000,000 cases, of those 810,000 were hospitalised, of those 61,000 died ( 1 out of 13 fatality rate ) Currently, unconfirmed, 82,000 cases and 2,800 fatalities ( 1 out of 29 fatality rate )
Source: Reuters - 🏆 2. / 97 Read more »

U.S. stocks rise after 4-day coronavirus slideU.S. equities gained for the first time in five days as investors digested fresh evidence of the widening coronavirus outbreak. The dollar advanced.
Source: latimes - 🏆 11. / 82 Read more »

Asian stocks slide deeper as pandemic fears growRising fears of a pandemic, which US health authorities have warned is likely, had already wiped more than $3.6 trillion from global stock markets by Wednesday's close.
Source: trtworld - 🏆 101. / 63 Read more »

European stocks slide again as pandemic fears mountEuropean stocks tumble as a jump in coronavirus cases outside of China deepened fears of a looming pandemic They'll come back up - history shows they always do...eventually. Concern is more with people's health and well-being rather than money right now. liveslow Considering Europe did not attempt to coordinate about this issue until the 13th... yeah vs Scary News vs GOLDEN AMBUSH...
Source: Reuters - 🏆 2. / 97 Read more »