Major U.S. indexes fell sharply during Monday midday trading over growing coronavirus concerns.
The S&P 500 and Dow Jones Industrial Average tumbled more than 3.5% apiece to 3,221.94 and 27,974.04 respectively, while the Nasdaq dropped 4% to 9,194.68.
Crude oil cratered 5% to $50.68 a barrel.
The price of gold jumped 1.7% to $1,677 an ounce.
The yield on the 10-Year U.S. Treasury bond fell 7.6% to 1.36%.
TECHNOLOGY
The tech sector was pummeled amid Monday’s losses, and Irvine-based Alteryx (NYSE: AYX) was no exception. Shares for the data analytics software maker fell 5.3% to $130.42 and an $8.5 billion market cap and are trading at a higher-than-average volume. Shares are up 76% from last year.
HEALTHCARE
Newport Beach-based Evolus Inc. (Nasdaq: EOLS) plunged 9% to $9.31 and a $311 million market cap. Shares in the maker of a competitor to Allergan’s Botox are near a 52-week low of $9.20.
