ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Coronavirus

US stocks dive a daily record 1,190 points on coronavirus fears

Market now in correction territory despite Trump's assurances

New York stocks fell sharply Feb. 27. All three key indexes closed down more than 10% from recent highs, meaning that they are in a correction.   © Reuters

NEW YORK -- U.S. shares sank for a sixth consecutive day Thursday as investor anxiety deepened over the spreading new coronavirus outbreak.

The Dow Jones Industrial Average shed 1,190 points, or 4.4%, to close at 25,766 in the biggest single-day point decline ever. The S&P 500 closed down 4.4%, while the Nasdaq Composite slid 4.6%. All three indexes closed down more than 10% from recent highs, meaning that they are now in a correction.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more