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Stock market news February 27 2020

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
60.20+25.23 (+72.12%).

VIR daily stock chart | stocks | stock market
VIR daily stock chart | stocks | stock market

Stocks biggest losers

Nutanix, Inc. (NTNX) was among stocks biggest losers closing at 23.30-9.33 (-28.59%).

NTNX daily stock chart | stocks | stock market
NTNX daily stock chart | stocks | stock market

Stock investing | Stock trading | Most active stocks

Ambev S.A. (ABEV) was among most active stocks closing at
3.2500-0.3200 (-8.96%).

ABEV daily stock chart | stocks | stock market
ABEV daily stock chart | stocks | stock market

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%.

Stock earnings

Notable earnings today include Foot Locker Inc (FL).

Economic news

Important economic news for today to monitor are Advance Goods Trade Balance, PCE Core, University of Michigan Sentiment.

Stock market update

All data about stock market, stocks , stock investingstock trading is taken from Yahoo Finance, Fidelity, dailyfx.com and stockcharts.com.

This report is written by Stavros Georgiadis, CFA , Equity Research Analyst, Investment Strategist.

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