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Biggest decline in the S&P 500 since mid-March, losers fit well with second virus wave fears

We have seen the biggest decline in the S&P 500 since mid-March today following yesterday's bearish Federal Reserve outcome. 

The list of the S&P 500's biggest losers fits in well with the `second virus wave fears hitting markets' narrative.

Closes on Wall Street 

  • S&P 500 unofficially closes down 187.15 points, or 5.87 percent, at 3,002.99.
  • NASDAQ unofficially closes down 501.88 points, or 5.01 percent, at 9,518.47.
  • Dow Jones unofficially closes down 1,848.51 points, or 6.85 percent, at 25,141.48.
  • CBOE volatility index ends up 13.22 points at 40.79.
  • Biggest daily point gain for VIX since March 16.
  • Highest closing level for VIX since April 23.

Tally: US coronavirus cases top two-million, highest in world – Reuters

 

 

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