Stocks end decrease as shutdowns ramp up
U.S. stocks closed sharply decrease Wednesday, weighed down by contemporary indicators of COVID-19’s capacity to disrupt the financial system. The Dow Jones Industrial Common
misplaced 344 points, 1.2%, to shut close to 29,437, based mostly on preliminary numbers, whereas the S&P 500
fell 42 points, 1.2%, and closed close to 3,568. The Nasdaq Composite Index
was down 98 points, 0.8%, on the shut, ending at about 11,802. New York Metropolis Mayor Invoice de Blasio stated mid-afternoon that faculties would shut beginning Thursday as the town’s coronavirus circumstances breached a key threshold. Nonetheless, some traders are wanting previous what’s more likely to be an more and more grim winter: shares of airline firms like Delta Air Traces Inc.
and United Airways Holding Inc.
have been among the many day’s largest winners.
Market information on CNN.
Dow Jones – Stocks end decrease as shutdowns ramp up