Stocks Ended Mostly Lower, Erasing Rebound

U.S. stocks closed mostly lower on Wednesday, giving back the morning’s gains, as fears of a potential coronavirus pandemic continued to hit markets.The Dow Jones Industrial Average lost 123.77 points, or 0.46%, to 26,957.59. The S&P 500 fell 11.82 points or 0.38%, to 3,116.39. The Nasdaq Composite gained 15.16 points, or 0.17%, to 8,980.77.

Oil futures marked a fourth consecutive decline on Wednesday, pushing U.S. prices back below $50 a barrel for their lowest finish in more than a year. West Texas Intermediate crude for April delivery fell by $1.17, or 2.3%, to settle at $48.73 a barrel. April Brent crude lost $1.52, or 2.8%, to $53.43 a barrel.