Lingering COVID-19 fears may have triggered the midday sell-off on Wall Street
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| | | 2/20/2020 | |
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| Dow Sells Off, VIX Surges | | By Patrick Martin | | The Dow finished with a triple-digit loss today, its third-straight day moving at least 100 points, regardless of direction. The blue-chip index was down by almost 400 points at its session lows, hit by a sudden midday sell-off potentially triggered by lingered COVID-19 concerns. The S&P 500 and Nasdaq also closed in the red. In response, Wall Street's "fear gauge," the Cboe Volatility Index (VIX) notched its highest close in weeks. Continue reading for more on today's market, including: - Calls are flying off the shelf for this penny stock.
- This casino stock suffered a data breach today.
- Plus, Avis Budget dominates earnings; LL subject to Reddit speculation; and Domino's logs best day ever.
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