U.S. equity markets soared in the final hour of trading as President Trump declared a national emergency over the coronavirus and enlisted the nation’s biggest companies in the fight.
A HISTORICAL LOOK AT THE DOW’S BIGGEST SWINGS
The Dow Jones Industrial Average surged by over 1,985 points or 9.3 percent. The S&P 500 and Nasdaq Composite also rallied over 9 percent.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 23185.62 | +1,985.00 | +9.36% |
| SP500 | S&P 500 | 2711.02 | +230.38 | +9.29% |
| I:COMP | NASDAQ COMPOSITE INDEX | 7874.87539 | +673.07 | +9.35% |
Google, Walmart, Target, CVS and others will assist health officials in combating the outbreak and helping with procedures and testing.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GOOGL | ALPHABET INC. | 1,214.27 | +102.72 | +9.24% |
| WMT | WALMART INC. | 114.10 | +10.05 | +9.66% |
| TGT | TARGET CORP. | 101.02 | +8.40 | +9.07% |
| CVS | CVS HEALTH CORPORATION | 59.64 | +5.04 | +9.23% |
The major averages rebounded from a Thursday selloff that was their steepest since the Black Monday crash of 1987. All three lost at least 9.5 percent amid an avalanche of cancelations and postponement of large social gatherings and sporting events aimed at slowing the spread of the new coronavirus.
www.foxbusiness.com/markets/us-stocks-march-13-2020