Fear of COVID-19 coronavirus spreading globally is driving down US stock markets, with the Dow Jones Industrial Average sliding by almost 900 points before recovering slightly to close at 27,081.36.
Nasdaq composite dropped by 255 points (2.77 percent) by Tuesday closing, while the S&P 500 was down 97 points (3 percent).
Tuesday’s downturn follows Monday’s numbers, when the Dow lost more than 1,000 points and both S&P 500 and Nasdaq were down by more than 3 percent – wiping out most of the gains since the beginning of the year.
Lows As Stocks Suffer Worst
Breadth Since DotCom
25 February, 2020
WHO, CDC, and HSS all dropped the honesty hammer today: