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Thursday, Nov 14, 2024
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Midday Stock Roundup

Fears over the coronavirus continued to weigh heavily on U.S. indices Friday.

The S&P 500 was off 2.4% to 2,908.17 in midday trading. The Dow Jones Industrial Average was down 2.9% to 25,046.22, while the Nasdaq slipped 1.8% to 8,413.76.

Crude oil sank 4.8% to $44.81 a barrel.

The price of gold fell 4.2% to $1,574.20 an ounce.

The yield on a 10-year Treasury bond slipped 9.8% to 1.17%.

HEALTHCARE

Shares of Edwards Lifesciences Corp. (NYSE: EW) fell 5.4% to $201.46. The Irvine-based company, Orange County’s largest publicly traded firm, had a recent market cap of $42 billion.

San Clemente-based Glakuos Corp. (NYSE: GKOS) shares sank 30% to $43.21, a day after reporting fourth-quarter results. The company had a recent market cap of $1.9 billion.

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