28-02-2020 22:08 via feedproxy.google.com

S&P 500 posts worst week since the financial crisis as coronavirus fears flare

All major US indices tanked on Friday, pushing stock prices further into correction territory as coronavirus fears continued to roil investors.
The S&P 500 fell as much as 4.1% before closing down 0.8%. The index suffered an 11% drop over five days — its worst weekly stretch since October 2008.
The Dow Jones industrial average plunged 12% for the week, falling to its lowest level since June.
The 10-year Treasury yield dropped to a new record low as more cash was funneled into the
Read more »