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Early gains for the broad U.S. stock indexes were reversed Tuesday, as investors grew more concerned about the spread of the COVID-19 virus outside of China. The indexes have now fallen for four trading days in a row.
The Dow Jones Industrial Average DJIA, -2.57% was down 679 points (or 2.4%), while the S&P 500 Index SPX, -2.38% was also down 2.4%. The Nasdaq Composite Index COMP, -2.01% was down 2.2%. All prices were as of 2 p.m. ET.
Read: Prepare now for the post-coronavirus bond market, this investor says
As bonds rose, the yield on 10-year U.S. Treasury notes TMUBMUSD10Y, -2.98% dropped to 1.32%.
MarketWatch’s Howard Gold described the market selloff, despite the tragic circumstances, as a buying opportunity for investors.
Dow 30
At 2 p.m. ET, all but two of the 30 components of the Dow Jones Industrial Average were down for the day:
| Company | Ticker | Price change – Feb. 25, 2020 | Price change – 2020 | Decline from 52-week high | Price change – 2019 |
| American Express Co. | AXP, -5.26% | -5.3% | -2.4% | -12.1% | 30.6% |
| Visa Inc. Class A | V, -4.41% | -4.4% | 1.1% | -11.3% | 42.4% |
| Dow Inc. | DOW, -4.54% | -4.2% | -19.0% | -26.8% | #N/A |
| United Technologies Corp. | UTX, -4.68% | -4.1% | -6.1% | -11.2% | 40.6% |
| UnitedHealth Group Inc. | UNH, -4.08% | -4.0% | -9.3% | -13.0% | 18.0% |
| Boeing Co. | BA, -3.88% | -3.7% | -6.0% | -31.4% | 1.0% |
| Cisco Systems Inc. | CSCO, -3.10% | -3.6% | -11.6% | -27.2% | 10.7% |
| J.P. Morgan Chase & Co. | JPM, -3.52% | -3.4% | -8.4% | -9.5% | 42.8% |
| Chevron Corp. | CVX, -3.62% | -3.3% | -16.0% | -20.5% | 10.8% |
| 3M Co. | MMM, -3.33% | -3.2% | -16.3% | -32.8% | -7.4% |
| Exxon Mobil Corp. | XOM, -3.34% | -3.0% | -21.7% | -34.5% | 2.3% |
| Walt Disney Co. | DIS, -3.18% | -2.9% | -10.7% | -15.9% | 31.9% |
| Intel Corp. | INTC, -2.67% | -2.8% | 0.3% | -13.4% | 27.5% |
| Walgreens Boots Alliance Inc. | WBA, -2.91% | -2.7% | -19.1% | -33.7% | -13.7% |
| International Business Machines Corp. | IBM, -2.53% | -2.6% | 6.4% | -10.2% | 17.9% |
| Goldman Sachs Group Inc. | GS, -2.69% | -2.6% | -4.9% | -12.7% | 37.6% |
| Nike Inc. Class B | NKE, -2.49% | -2.3% | -7.5% | -11.2% | 36.6% |
| Pfizer Inc. | PFE, -2.12% | -1.9% | -13.2% | -23.7% | -10.2% |
| Caterpillar Inc. | CAT, -2.02% | -1.9% | -12.2% | -13.9% | 16.2% |
| Apple Inc. | AAPL, -2.22% | -1.9% | -0.4% | -10.8% | 86.2% |
| Travelers Companies Inc. | TRV, -1.74% | -1.5% | -3.6% | -14.8% | 14.4% |
| Walmart Inc. | WMT, -1.27% | -1.1% | -3.2% | -8.2% | 27.6% |
| Merck & Co. Inc. | MRK, -0.98% | -0.9% | -11.4% | -13.0% | 19.0% |
| Procter & Gamble Co. | PG, -1.20% | -0.9% | -2.2% | -4.6% | 35.9% |
| Microsoft Corp. | MSFT, -0.56% | -0.8% | 7.5% | -11.1% | 55.3% |
| Coca-Cola Co. | KO, -1.09% | -0.6% | 5.3% | -3.0% | 16.9% |
| Verizon Communications Inc. | VZ, -1.27% | -0.6% | -6.1% | -7.4% | 9.2% |
| Johnson & Johnson | JNJ, -0.82% | -0.6% | -0.5% | -6.1% | 13.0% |
| McDonald’s Corp. | MCD, -0.52% | 0.0% | 8.1% | -3.8% | 11.3% |
| Home Depot Inc. | HD, -0.21% | 0.1% | 9.9% | -3.0% | 27.1% |
| Source: FactSet | |||||
You can click on the tickers for more about each company.
S&P 500
Among the S&P 500, 481 stocks were down, with these 10 showing the greatest declines:
| Company | Ticker | Price change – Feb. 25, 2020 | Price change – 2020 | Decline from 52-week high | Price change – 2019 |
| American Airlines Group Inc. | AAL, -7.65% | -8.4% | -18.7% | -36.5% | -10.7% |
| Cimarex Energy Co. | XEC, -6.68% | -7.8% | -30.8% | -51.9% | -14.9% |
| Occidental Petroleum Corp. | OXY, -7.59% | -6.9% | -10.8% | -46.6% | -32.9% |
| Noble Energy Inc. | NBL, -6.98% | -6.6% | -38.1% | -45.8% | 32.4% |
| Devon Energy Corp. | DV, +1.54% | -6.5% | -31.0% | -49.3% | 15.2% |
| Norwegian Cruise Line Holdings Ltd. | NCLH, -6.22% | -6.4% | -31.7% | -33.3% | 37.8% |
| Raytheon Company | RTN, -5.20% | -6.3% | -7.9% | -13.3% | 43.3% |
| United Airlines Holdings Inc. | UAL, -5.63% | -6.2% | -19.6% | -26.3% | 5.2% |
| ViacomCBS Inc. Class B | VIA, -10.48% | -6.2% | -39.8% | -52.9% | -4.0% |
| Southwest Airlines Co. | LUV, -6.43% | -6.2% | -5.9% | -13.7% | 16.1% |
| Source: FactSet | |||||
Nasdaq
Here are the 10 components of the Nasdaq-100 Index NDX, -1.88% with the biggest declines:
| Company | Ticker | Price change – Feb. 25, 2020 | Price change – 2020 | Decline from 52-week high | Price change – 2019 |
| American Airlines Group Inc. | AAL, -7.65% | -8.4% | -18.7% | -36.5% | -10.7% |
| United Airlines Holdings Inc. | UAL, -5.63% | -6.2% | -19.6% | -26.3% | 5.2% |
| Western Digital Corp. | WDC, -5.51% | -6.1% | -6.0% | -17.1% | 71.7% |
| Marriott International Inc. Class A | MAR, -5.92% | -5.8% | -16.1% | -17.2% | 39.5% |
| Micron Technology Inc. | MU, -4.85% | -5.3% | -3.2% | -14.9% | 69.5% |
| PayPal Holdings Inc. | PYPL, -4.48% | -4.5% | 2.8% | -10.7% | 28.6% |
| Nvidia Corp. | NVDA, -3.35% | -4.2% | 11.2% | -17.3% | 76.3% |
| Check Point Software Technologies Ltd. | CHKP, -3.20% | -4.2% | -3.6% | -19.4% | 8.1% |
| Tesla Inc. | TSLA, -3.72% | -4.1% | 91.2% | -17.4% | 25.7% |
| Gilead Sciences Inc. | GILD, -4.22% | -4.0% | 7.7% | -6.1% | 3.9% |
| Source: FactSet | |||||
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