Stocks closed broadly lower on Wall Street Friday as increased fears that an outbreak of a deadly virus could spread more widely rattled markets
Stocks closed broadly lower on Wall Street Friday as increased fears that an outbreak of a deadly virus could spread more widely rattled markets.
The S&P 500 had its worst day since early October as health care stocks incurred steep losses. The sell-off followed news that a Chicago woman has become the second U.S. patient diagnosed with the new virus from China.
The S&P 500 index fell 30.07 points, or 0.9%, to 3,295.47.
The Dow Jones Industrial Average dropped 170.36 points, or 0.6%, to 28,989.73.
The Nasdaq composite lost 87.57 points, or 0.9%, to 9,314.91.
The Russell 2000 index of smaller company stocks slumped 22.78 points, or 1.4%, to 1,662.23.
For the week:
The S&P 500 dropped 34.15 points, or 1%.
The Dow fell 358.37 points, or 1.2%.
The Nasdaq lost 74.03 points, or 0.8%.
The Russell 2000 gave up 37.40 points, or 2.2%.
For the year:
The S&P 500 is up 64.69 points, or 2%.
The Dow is up 451.29 points, or 1.6%.
The Nasdaq is up 342.31 points, or 3.8%.
The Russell 2000 is down 6.24 points, or 0.4%.