Stocks Fall Most Since August 2011 on Virus Angst
The S&P 500 Index sank 4.4% to 2,978.48 as of 4:02 p.m. New York time, hitting the lowest in 19 weeks with its sixth consecutive decline and
the largest tumble in more than eight years.
The Dow Jones Industrial Average decreased 4.4% to 25,763.96, reaching the lowest in six months on its sixth consecutive decline and
the biggest dip in about two years.
The Nasdaq Composite Index sank 4.6% to 8,566.48, the lowest in almost 12 weeks on
the
largest tumble in more than eight years.
The MSCI All-Country World Index sank 3% to 521.99, reaching the lowest in 19 weeks on its sixth consecutive decline and
the biggest tumble in almost four years.
Bonds
The yield on
10-year Treasuries fell five basis points to 1.28%, reaching the lowest on record with
its sixth straight decline.
The yield on
30-year Treasuries declined four basis points to 1.78%, hitting the lowest on record with
its sixth straight decline.
Britains 10-year yield fell three basis points to 0.47%, reaching the lowest in almost 20 weeks on
its eighth straight decline and the biggest fall in almost four weeks.
Germanys 10-year yield dipped four basis points to -0.54%,
the lowest in almost 20 weeks.
https://www.bloomberg.com/news/articles/2020-02-26/asia-stocks-point-to-cautious-start-on-virus-fears-markets-wrap?srnd=premium