Stocks bounce down again after the Centers for Disease Control and Prevention, along with Illinois public health officials, confirm the first case of person-to-person transmission of the coronavirus in the U.S.
The S&P 500 loses 0.7%, the Nasdaq falls 0.8% and the Dow dips 0.6%.
The 10-year Treasury rises further, pushing yield down almost 5 basis points to 1.54%.
Crude oil drops 2.9% to $51.79 per barrel and gold rises 0.9% to $1,589.90 per ounce.
The so-called fear index, the Cboe Volatility Index, advances 7.3% to 17.58.
Among S&P 500 sectors, communication services (-1.9%), materials (-1.7%), and health care (-1.6%) fare the worst, while utilities (+0.4%), consumer staples (+0.2%) and real estate (+0.1%) are the only sectors notching gains.
In overseas markets, the Stoxx Europe 600 closes down 1.0%, and the FTSE 100, the DAX, and CAC 40 each fell 1.4%.
U.S. Dollar Index slips 0.2% to 97.83.
https://seekingalpha.com/news/3536472-stocks-slide-after-u-s-virus-transmission-confirmed
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