Stock market news for US stock market, February 27, 2020
“Dow drops 1190 points amid coronavirus fears, S&P 500 sees fastest correction in history. Global financial markets plunged for the sixth consecutive day on Thursday, with coronavirus fears shaving over 1,100 points off the Dow (^DJI) — its biggest in history — and sending the S&P 500 (^GSPC) swooning to its fastest-ever correction. Dow drops more than 1,100 points after news California is monitoring thousands of possible cases”. Source: https://finance.yahoo.com/news/stock-market-news-live-updates-february-27-2020-122658989.html
How stock market, US stocks closed on Thursday, February 27, 2020-Financial and business news
- S&P 500: 2,978.76,-137.63(-4.42%)
- Dow 30: 25,766.64,-1,190.95(-4.42%)
- Nasdaq: 8,566.48, -414.29(-4.61%)
- Russell 2000: 1,497.87,-54.89(-3.54%)
Stocks biggest gainers
Vir Biotechnology, Inc. (VIR) was among stocks biggest gainers closing at
Stocks biggest losers
Nutanix, Inc. (NTNX) was among stocks biggest losers closing at 23.30-9.33 (-28.59%).
Stock investing | Stock trading | Most active stocks
Ambev S.A. (ABEV) was among most active stocks closing at
U.S. Sectors & Industries Performance
All sectors closed lower. Health Care was the best performing sector -3.33%, Real Estate was the worst performing sector -5.59%.
Notable earnings today include Foot Locker Inc (FL).
Important economic news for today to monitor are Advance Goods Trade Balance, PCE Core, University of Michigan Sentiment.
Stock market update
This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.