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Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown


Saturday, 22 February 2020 04:16 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


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Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains.

The Dow Jones Industrial Average fell around 227 points, or 0.8%, to end near 28,993, according to preliminary figures, while the S&P 500 lost around 36 points, or 1.1%, to finish near 3,338. The Nasdaq Composite dropped around 174 points, or 1.8%, ending near 9,577.

That left the Dow with a 1.4% weekly decline, while the S&P 500 retreated 1.3%. The Nasdaq logged a 1.6% weekly fall.

Source : MarketWatch


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