Key indices on the New York Stock Exchange on Wednesday by the close of the session fell sharply on investors’ fears about the consequences of the spread of the coronavirus pandemic.
According to the data posted on the website of the trading platform, the Dow Jones Industrial Average fell 943.24 points (-3.43%) and stood at 26,497.39. The S&P 500 Index, which includes the 500 largest companies in the US market, fell 119.64 points (-3.53%), to the level of 3,271.03. The Nasdaq electronic exchange index dropped 426.48 points (-3.73%) to 11,004.87.
As noted by The Wall Street Journal, the Dow Jones is declining for the fourth session in a row, the S&P 500 index has dropped almost 7% since the beginning of September, and the Nasdaq electronic exchange index has dropped sharply due to the fact that quotes of leading technology companies fell: Apple — by 4, 42%, Alphabet — by 4.82% and Microsoft — by 4.95%.
The cost of December futures for WTI crude oil by the close of the session fell by 0.21%, to $37.31 per barrel. Gold futures fell 0.09% to $1,877.70 an ounce.