Stocks Ended Lower for Fourth Straight Day
- Tuesday, February 25, 2020, 16:28
- Stock Market
- Add a comment
U.S. stocks ended lower on Tuesday, the fourth straight day, as fears the coronavirus epidemic may reach America rattled Wall Street. The Dow Jones Industrial Average dropped 879.44 points, or 3.15%, to 27,081.36. The S&P 500 slid 97.68 points, or 3.03%, to 3,128.21. The Nasdaq Composite retreated 255.67 points, or 2.77%, to 8,965.61.
Oil futures fell on Tuesday to mark their lowest finish in two weeks, as worries about the spread of COVID-19 outside China, and the impact on energy demand, sent prices down for a third straight session. West Texas Intermediate crude for April delivery fell $1.53, or 3%, to settle at $49.90 a barrel. April Brent crude dropped $1.35, or 2.4%, to end at $54.95 a barrel.
About the Author
Write a Comment
Gravatars are small images that can show your personality. You can get your gravatar for free today!
You must be logged in to post a comment.