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However, the S&P 500 Index was down 2.4% 11:45 AM February 27 Eastern time. The S&P 500 was down as much as 3.5% earlier.
Investors dump stocks as they worry the corona virus will negatively impact the global economy
Also, some companies' stock prices actually grew due to the corona virus outbreak. Teladoc grew by 19.8% and 3M grew by 2.8%
The S&P 500 Index is heading for its worst week since 2008!
The S&P 500 Index is a measurement of the stock performance of 500 large companies listed on stock exchanges in the US
Both Teladoc and 3M have products relating to health. Travel related companies aren't doing so well.
Still, traders are growing increasingly certain that the Federal Reserve will be forced to cut interest rates to protect the economy
Over 14 Million
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