From Bloomberg.:

The stock market saw a drop today with the Dow and S&P falling. The drop was due to concerns about the impact of the coronavirus on the global economy. Companies are taking steps to minimize disruptions to their supply chains. Oil prices also fell as OPEC failed to agree on production cuts. As a result, energy stocks were among the biggest losers. Investors are closely monitoring the situation and taking precautions to protect their investments. Economists are forecasting slower growth in the first quarter, depending on how long the outbreak lasts and how severe it becomes.



Read more at Bloomberg.: Stock Market Today: Dow, S&P Live Updates for February 29 – Bloomberg