Stocks Ended Lower as Coronavirus Fears Heated Up
- Monday, January 27, 2020, 16:23
- Stock Market
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U.S. stocks ended sharply lower on Monday as fears over the deadly coronavirus flared further. The Dow Jones Industrial Average slumped 453.93 points, or 1.57%, to 28,535.80. The S&P 500 fell 51.84 points, or 1.57%, to 3,243.63. The Nasdaq Composite dropped 175.60 points, or 1.89%, to 9,139.31.
Oil prices fell for a fifth session in a row on Monday, settling at their lowest in more than three months. West Texas Intermediate crude for March delivery declined by $1.05, or 1.9%, to settle at $53.14 a barrel. March Brent crude fell $1.37, or 2.3%, to $59.32 a barrel.
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