Stocks plunged on Thursday, more than halving their massive relief rally in the previous session, as markets remained choppy in the face of the fast-spreading coronavirus.
The Dow Jones Industrial Average dropped 820 points, or 3%, shortly after the opening bell with Boeing and Goldman Sachs combined shaving off 140 points. The S&P 500 dropped a similar 2.82% with only four components trading higher. The Nasdaq Composite fell 2.5%.
Fears about the coronavirus disrupting the global economy continued to grip Wall Street as countries around the world extended quarantines and travel restrictions. California declared a state of emergency after a coronavirus-related death and 53 confirmed cases in the state.
Full article at :CNBC