Stocks Ended Lower, Dow Dropped More Than 1,100 Points

U.S. stocks ended more than 4% lower on Thursday, as the global coronvirus epidemic disrupted international trade and travel. The Dow Jones Industrial Average tumbled 1,190.95 points, or 4.42%, to 25,766.64. The S&P 500 dropped 137.63 points, or 4.42%, to 2,978.76. The Nasdaq Composite fell 414.29 points, or 4.61%, to 8,566.48.

Oil futures fell on Thursday, as worries about the rapid spread of the COVID-19 epidemic outside of China continued to drive markets. West Texas Intermediate crude for April delivery fell $1.64, or 3.4%, to settle at $47.09 a barrel. April Brent crude dropped $1.25, or 2.3%, to $52.18 a barrel.

Beyond Meat’s (BYND) reported fourth-quarter earnings that blew past Wall Street revenue estimates. It lost $452,000, or 1 cent a share, in the quarter, compared with a loss of $7.5 million, or 18 cents a share, in the year-ago quarter. Revenue soared 212% to $98.5 million from $31.5 million a year ago.