US Stocks Indicated to Close Lower as Investors Worry Over Coronavirus Impact on Global Economy

Monday, January 27, 2020 3:47 PM | MT Newswires

US stocks were poised to close lower on Monday as investors worried over how the deadly coronavirus will affect the global economy.

Market indexes were close to their worst losses in months as the Dow Jones Industrial Average and the S&P 500 both fell over 1%, while the Nasdaq Composite dropped by nearly 2%. All sectors in the S&P 500 were in the red, with energy recording the biggest decline at almost 3%. Consumer staples were little changed.

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