AUS
NZ
UK
CA
USA
IND
US Markets: Broader indexes in the United States were trading in red, with the S&P 500 index traded 47.27 points or 1.43% lower at 3,248.20, Dow Jones Industrial Average Index contracted by 403.55 points or 1.39% lower and quoting at 28,586.18 and the technology benchmark index Nasdaq Composite traded lower at 9,146.10 and was down by 168.81 points or 1.81% against its previous day close (at the time of writing, before the U.S market close at ET 10:05 AM).Â
US News: On 27th January 2020, shares at the Wall Street plunged by more than 1 per cent as coronavirus fears made a dent on travel and tech stocks in Mondayâs trading session. Airlines, casinos and hotels shares were majorly impacted on the Wall Street including tech heavyweights. Microsoft Corp., Alphabet Inc., Apple Inc and Amazon.com Inc. shares dropped in between 1.6 per cent to 3 per cent. Due to large business operations spread across in China, shares of Melco Resorts & Entertainment Ltd, Las Vegas Sands Corp, and Wynn Resorts Ltd decelerated massively in between 3.7 per cent and 6.9 per cent. During the trading session, airlines stocks including Royal Caribbean Cruises, United Airlines, and American Airlines were hammered by more than 5 per cent. Â Â
S&P 500 (SPX)
Top Performers*: Arconic Inc, Newmont Corporation, and Clorox Co are top gainers and increased by 3.78%, 2.28% and 1.88% respectively.
Non Performing Stocks*: Las Vegas Sands Corp, Wynn Resorts Ltd, and Freeport-McMoRan Inc traded in red zone and contracted by 9.68%, 9.27% and 5.83% respectively.
NASDAQ Composite (IXIC)
Top Performers*: Cleveland Biolabs Inc, Lianluo Smart Ltd, and Co-Diagnostics Inc are top gainers and increased by 202.27%, 106.42% and 44.15% respectively.
Worst Performers*: NeuroMetrix Inc, Advaxis Inc, and SAExploration Holdings Inc are the top three laggards and decreased by 28.84%, 14.74% and 14.57% respectively.
Sector traded in positive zone*: Utilities (+0.52%).
Worst Performing Sectors*: Energy (down 3.19%), Technology (down 2.48%) and Industrials (down 1.98%).
Dow Jones Industrial Average (DJI)
Top Performers*: 3M Co, Travelers Companies Inc, and Johnson & Johnson are top gainers and increased by 1.16%, 0.53% and 0.48% respectively.
Worst Performers*: Nike Inc, Walt Disney Co, and Apple Inc are the top three laggards and decreased by 3.64%, 3.19% and 3.04% respectively.
European Markets: The Londonâs broader equity benchmark index FTSE 100 traded at 173.93 points or 2.29% lower at 7,412.05, the FTSE 250 index snapped 460.27 points or 2.12% lower at 21,303.67, and the FTSE All-Share Index ended 94.15 points or 2.23% lower at 4,118.99 respectively. Another European equity benchmark index STOXX 600 ended at 414.07, down by 9.57 points or 2.26 per cent.
European News: In economic news, the British banks have approved the highest number of mortgages in the month of December 2019 than in the last four years. The industry body further stated that it is a strong sign of a turnaround in the countries housing market. During the month, 46,815 mortgages were approved which is the highest since August of 2015. In other news, major stock markets in the world have taken a plunge because of the Corona Virus outbreak in China. More than 80 people have already lost their lives in China till now due to the outbreak
London Stock Exchange (LSE)
Companies in the Top Movers list*: PALACE CAPITAL PLC (PCA), NMC HEALTH PLC (NMC) and JTC PLC (JTC) zoomed up by 5.21%, 3.90% and 3.84% respectively.
Companies in the Top Stragglers list*: AMIGO HOLDINGS PLC (AMGO), PETRA DIAMONDS LD (PDL) and SQN ASSET FINANCE INCOME FUND LTD (SQN) were in the red zone and declined by 27.94%, 13.08% and 10.02% respectively.
FTSE 100 Index
 FTSE-100 index Chart (before the market closed as on January 27th, 2020) (Source: Thomson Reuters)
FTSE 100 Best Performers*: NMC HEALTH PLC (NMC), POLYMETAL INTERNATIONAL PLC (POLY), and NATIONAL GRID PLC (NG.) were in green zone and zoomed up by 3.90%, 0.99% and 0.06% respectively.
FTSE 100 Non Performers*: INTL CONSOLIDATED AIRLINES GROUP SA (IAG), INTERCONTINENTAL HOTELS GROUP PLC (IHG), EASYJET PLC (EZJ), went down by 6.41%, 6.10% and 5.70% respectively.
 FTSE 100 Stocks traded with high volume*: LLOYDS GRP. (LLOY); VODAFONE GRP. (VOD); GLENCORE PLC (GLEN).
Sectors in the negative zone*: Basic Materials (down 3.98%), Financials (down 2.80%), and Consumer Non-Cyclicals (down 2.68%).
Currency Quotation*: GBP/USD and EUR/GBP currency pairs traded at 1.3050 and 0.8440, respectively.
10-Year Bond Yields*: U.S. 10-Year Treasuries yield traded at 1.612%, and the U.K. 10-Year Government Bond yield was hovering at 0.512%, respectively.Â
*At the time of writing the market commentary.
