Thursday, February 27 saw stocks fall sharply as coronavirus fears stoked a large-scale market selloff, leaving Wall Street on pace for its worst week since the financial crisis in 2008.
The Dow and S&P 500 have declined for six straight days. Each had its worst one-day point decline in history today.
Fears that the coronavirus may spread in the U.S. have spiked after news that a California man contracted the virus and that the source of his infection is unknown. This is the first U.S. case of "community spread" of the virus.
The Dow finished down 1,190 points, or 4.42%, to 25,766, the S&P 500 dropped 4.42% and the Nasdaq fell 4.61%.
The 10-Year US Treasury Yield was 1.299% after hitting an intraday low of 1.246%, both of which are record low yields for the 10-year Treasury.
European stocks ended 3.6% lower.
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