Stocks fall on coronavirus concerns. NASDAQ snaps the longest winning streak of 2020

Technical Analysis

Author: Greg Michalowski | sp

NASDAQ winning streak of 8 days higher comes to an end 

Major US indices end sharply lower.
  • The 2nd next snaps 8 day
  • winning streak all 11 sectors of the S&P close lower
  • major averages have worst day in nearly 2 weeks
  • All 30 Dow stocks declined with Walmart performing the best at -0.59%, and Boeing the worst that -5.93%
A snapshot of the final numbers for the day show:
  • S&P index -80.96 points or -2.59% at 3050.33
  • NASDAQ index minus 222.20 points or -2.19% at 9909.16
  • Dow industrial average -710.16 points or -2.72% at 25445.94
Some of the worst performers on the day include:
  • Schlumberger, -8.69%
  • United airlines, -8.32%
  • Delta Air Lines, -7.73%
  • Southwest Airlines, -7.11%
  • Slack, -6.11%
  • Boeing, -5.93%
  • Charles Schwab, -5.8%
  • intuitive surgical, -5.67%
  • Stryker, -5.56%
  • Exxon Mobil, -4.67%
  • Raytheon technologies, -4.4%
  • General Dynamics, -4.23%
  • Chevron, -4.14%
  • American Express, -3.92%
  • Bank of America, -3.87%
  • Walt Disney, -3.84%
a few the winners today included:
  • Chewy, +1.64%
  • Gilead, +1.27%
  • zoom, +1.1%
  • Chipotle, +0.74%
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