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Dow heads more than 3% lower Friday, risks snapping 3-day win streak as U.S. tops China in coronavirus cases


Friday, 27 March 2020 23:35 WIB

Saham AS


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U.S. stock indexes traded sharply lower Friday midday, after the Dow Jones Industrial Average and S&P 500 a day ago booked their best three-day win streaks since the 1930s.

Investors are worried that there are now more cases of COVID-19 reported in the U.S. than in China, while awaiting the likely passage of an economic rescue bill in the House later Friday after the Senate approved the key piece of legislation late Wednesday.

The Dow Jones Industrial Average headed 841 points, or 3.7%, at 21,710, the S&P 500 index lost 91 points, or 3.5%, at 2,537, while the Nasdaq Composite Index COMP, -3.320% headed 274 points, or 3.5%, lower at 7,521.

Source: Marketwatch


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