US STOCKS-Wall Street flirts with correction amid pandemic fears

Japan criticises U.S. digital tax proposal at G20 CLICK HERE to Read This Article At The Original Source

While U.S. stocks had pared losses in early afternoon trading, the S&P 500 fell as much as 11.2% from its record closing high hit on Feb. 19 and the Nasdaq dropped 12.2% from its own peak. The Dow Jones Industrials declined 12.1% from its Feb. 12 closing high at session lows. The indexes were set for their steepest weekly pullback since the global financial crisis, as new infections reported around the world surpassed those in mainland China.

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on latest news on stocks, wall street, volatility, news on wall street, articles on investing, trading, options, stocks, futures, #cnbc, #crudeoil, Bitcoin. Hedge Accordingly produces both original, and aggregated Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About