Early gains for the broad U.S. stock indexes were reversed Tuesday, as investors grew more concerned about the spread of the COVID-19 virus outside of China. The indexes have now fallen for four trading days in a row.
The Dow Jones Industrial Average DJIA, -2.53% was down 679 points , while the S&P 500 Index SPX, -2.31% was also down 2.4%. The Nasdaq Composite Index COMP, -1.90% was down 2.2%. All prices were as of 2 p.m. ET.As bonds rose, the yield on 10-year U.S. Treasury notes TMUBMUSD10Y, -2.91% dropped to 1.32%.
MarketWatch’s Howard Gold described the market selloff, despite the tragic circumstances, as a buying opportunity for investors. Dow 30 At 2 p.m. ET, all but two of the 30 components of the Dow Jones Industrial Average were down for the day:S&P 500 Among the S&P 500, 481 stocks were down, with these 10 showing the greatest declines: Create an email alert for Philip van Doorn’s Deep Dive columns here.
Philip van Doorn Philip van Doorn covers various investment and industry topics. He has previously worked as a senior analyst at TheStreet.com. He also has experience in community banking and as a credit analyst at the Federal Home Loan Bank of New York.Comment #div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; } Related Topics
If my bitcoin is slightly down today. But up 3000000m percent
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Dow Tumbles More Than 1000 Points On Fears Of Coronavirus PandemicU.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.
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