^DJI - Dow Jones Industrial Average
| Previous close | 29,219.98 |
| Open | 29,146.53 |
| Volume | 313,438,247 |
| Day's range | 28,892.70 - 29,146.53 |
| 52-week range | 24,680.57 - 29,568.57 |
| Avg. volume | 267,810,819 |
- Associated Press
How major US stock indexes fared Friday
- Associated Press
Fed officials downplay virus even as markets see rate cuts
When Wall Street expects the Federal Reserve to cut interest rates, should that influence the Fed's decisions? The disagreement occurred just as the scenario is playing out in real life: Investors increasingly expect the Fed to cut its key short-term rate this year to help cushion whatever economic damage China's viral outbreak ends up causing.
- FX Empire
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Weakens Under 28903, Strengthens Over 29001
Based on the early price action, the direction of the March E-mini Dow Jones Industrial Average the rest of the session on Friday is likely to be determined by trader reaction to an uptrending Gann angle at 29001 and a downtrending Gann angle at 28903.
- AFP
Virus worries send US stocks sliding further at open
Wall Street continued to tumble Friday, with investors seen as hesitant to hold onto shares amid fears the new coronavirus outbreak in China could harm the global economy. More than 2,200 people have died from the disease in China, which has infected more than 75,000 people there and over 1,000 abroad. Countries have cut flights and shut borders with the world's second-largest economy, while some businesses have shuttered or slowed operations in China.
- Reuters
Coronavirus fears, U.S. business data drag down Wall Street
U.S. stocks sold off and the Nasdaq had its worst daily percentage decline in about three weeks on Friday as a spike in new coronavirus cases and data showing a stall in U.S. business activity in February fueled investors' fears about economic growth. Tech-related heavyweights Microsoft Corp , Amazon.com Inc and Apple Inc were the biggest drags on the S&P 500. The S&P technology index dropped 2.3%.
- Associated Press
Stocks sink, Treasury prices soar as investors seek safety
Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds. New data showing manufacturing and business activity suddenly slowed this month stoked investors' anxiety over the outbreak’s impact on company profits.
- FX Empire
Equities In Retreat, GDP Growth In Danger, Fed Downplay’s Rate-Cut Outlook
Equities retreat following a surprise pullback in U.S. markets on Thursday. The risk of a coronavirus-driven market correction grow daily.
- Investing.com
Stocks - Wall Street Set to Snap 2-Week Win Streak as Virus Jitters Return
By Yasin Ebrahim
- Financial Times
US stocks post weekly drop as investors reach for safety
The yield on the 30-year US Treasury hit a record low and Wall Street posted its first weekly drop in three on Friday as renewed fears about the economic fallout of the coronavirus and disappointing data stirred concerns about the outlook for the US economy. The yield on the US 30-year bond fell below 1.9 per cent for the first time, sinking as much as 7 basis points to a record low of 1.89 per cent on Friday morning, New York time. The yield on the US 10-year was trading at 1.4713 per cent at pixel time.
- Associated Press
How major US stock indexes fared Thursday
- Yahoo Finance
Stock market news live: Stocks end lower but pare some losses after intraday selloff
Headlines moving the stock market in real time.
- Associated Press
World markets slip on renewed fears over virus outbreak
Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countries refueled investor anxiety about China's disease outbreak. Benchmarks in Tokyo, Hong Kong and Sydney closed down and London, Frankfurt and other European indexes were trading lower. Bond markets are “sounding a warning on global growth” as virus fears spread to South Korea, Singapore and other economies, DBS analysts said in a report.
- Yahoo Finance
Stock market dives — a 20% plunge in some hot stocks could be next
The market is long overdue for a major correction, say veteran strategists.
- Yahoo Finance
What's happening in market sentiment is a 'healthy situation': strategist
So far this year, it hasn’t taken much of a blow to knock investor sentiment back down after bubbling up – and that’s a good sign for stocks, according to at least one strategist.
- Reuters
Wall St eases, led by tech decline on mounting fears coronavirus could spread
U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy. Investors were unnerved by a sharp late-morning drop that took the S&P 500 briefly down more than 1% on the day, with some traders attributing the move to a Global Times report that a central Beijing hospital had reported 36 new cases. "The overlying question is the uncertainty over the coronavirus and whether it's going to spread further and impact global economic activity before things stabilize and ultimately get better," said Michael Sheldon, executive director and CIO at RDM Financial Group at Hightower in Westport, Connecticut.
- FX Empire
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Major Downside Target 28824 – 28654
Based on the early price action and the current price at 29043, the direction of the March E-mini Dow Jones Industrial Average the rest of the session on Thursday is likely to be determined by trader reaction to a pair of Gann angles at 28937 and 29031.
- Investing.com
Stocks - S&P Ends Down, but off Lows; Coronavirus Jitters Return to Haunt Tech
By Yasin Ebrahim
- AFP
Record Wall Street gains reversed at open as virus rears head
Wall Street opened lower on Thursday after powering to a strong finish the day before thanks to solid housing data and receding fears over the virus outbreak in China. More than 2,118 people in the world's second-largest economy have died from the virus, which has infected 74,000 people in China alone and hundreds more in over 25 other countries. Nations have cut flights and closed borders with China in response, but waning concerns over the virus's impact fueled record closes for the tech-rich Nasdaq and broad-based S&P 500 on Wednesday, while the benchmark Dow Jones Industrial Average also posted a solid gain.
- FX Empire
Equities Fall, Risk of Correction Grow, Oil Prices In Reversal
Equities retreat after the broad market hit a new all-time high in the previous session. Risks of virus-related correction continue to grow.
- Financial Times
US stocks retreat from record highs
US and European stocks pulled back from record highs, with Wall Street’s main equities gauges at one point tumbling more than 1 per cent. The S&P 500 and Dow Jones Industrial Average each closed about 0.4 per cent below Wednesday’s record highs, staging gradual recoveries in the afternoon to recover from drops of as much as 1.3 per cent late in the morning session.
