The NYSE said a floor trader and an NYSE employee had tested positive for the coronavirus, but that they had not entered the stock exchange building. The S&P 500 is now down about 29% from the record closing high it notched on Feb 19, as the coronavirus-inspired selloff ended Wall Street's longest-ever bull run. The day's worst-performing S&P sector was the S&P 500 energy sector, which closed at its lowest level since early 2003. Worries about mass debt defaults or writedowns pressured US lenders, sending the S&P 500 banking subsector down 7.9%. The S&P 500 posted five new 52-week highs and 294 new lows; the Nasdaq Composite recorded 11 new highs and 1,214 new lows.

Source: bd News24 March 18, 2020 22:18 UTC