CSOD

26 Feb: Stock market news February 25 2020

Stock market news for US stock market, US stocks, February 25, 2020 “Dow tumbles nearly 900 points as coronavirus fears continue. US markets plummeted for the second straight day Tuesday, adding to Monday’s sharp losses as news about the spread of coronavirus gripped jittery investors. The Dow (INDU) finished 879 points, or about 3.2% lower, bringing the index’s total loss over the past four days to about 2,267. The index’s gains for the year had been wiped out Monday, and Tuesday marked its fourth-largest swing from highest to lowest point in a single session. At its lowest, the Dow was off by 963 points. The Dow is now more than 8% below its most recent high, putting it close to correction territory. The Dow would need to fall a total of 10% to officially be in a correction. The broader S&P 500 (SPX) closed down 3%, more than 7% below…