The U.S. stock market’s slide Thursday intensified in the last minutes of trading, after President Trump announced a pending ban on most air travel from Europe and little stimulus to the economy.

• The Dow Jones Industrial Average US:DJIA dropped 2,353 points (or 10%) to close at 21,200.62, for its worst one-day decline since 1987.

• The S&P 500 Index US:SPX slumped 9.5%, led by the energy sector, which was down 12.3%, and the financial sector, which skidded 10.9%. The benchmark index has now fallen 26.9% since setting an all-time intraday high Feb. 19.

• The Nasdaq Composite Index US:COMP shed 9.4%.

Read: Here’s how Invesco’s top strategist says long-term investors should navigate this market panic

The yield on 10-year U.S. Treasury notes BX:TMUBMUSD10Y inched up by slightly to 0.86%, reversing an earlier decline in the yield as bond-purchasing cooled.

But the Treasury yield curve for March 11 showed that investors were looking ahead to another interest-rate cut by the Federal Reserve. All yields up to 10 years are well below the current federal funds target rate range of 1% to 1.25%.

The Fed said Thursday it would lend $1.5 trillion to the short-term funding markets and add purchases of Treasury notes and bonds to increase its balance sheet.

West Texas intermediate crude for April delivery US:CL was down 6% to $31.11 a barrel.

Dow

All 30 components of the Dow Jones Industrial Average were down Thursday:

Company Ticker Price change - March 12, 2020 Price change since Feb. 19 Decline from 52-week high Price change - 2020 Price change - 2019 Boeing Co. US:BA -33.0% -54.2% -63.4% -52.5% 1.0% Dow Inc. US:DOW -24.6% -50.2% -60.9% -56.8% N/A American Express Co. US:AXP -19.1% -39.0% -39.5% -32.9% 30.6% Goldman Sachs Group Inc. US:GS -18.3% -36.5% -39.8% -34.5% 37.6% Walt Disney Co. US:DIS -17.6% -35.0% -40.2% -36.5% 31.9% International Business Machines Corp. US:IBM -17.6% -31.9% -35.2% -23.3% 17.9% Cisco Systems Inc. US:CSCO -17.2% -28.3% -43.0% -30.8% 10.7% Walgreens Boots Alliance Inc. US:WBA -16.6% -21.2% -36.4% -30.4% -13.7% Nike Inc. Class B US:NKE -16.0% -27.6% -29.7% -26.8% 36.6% Intel Corp. US:INTC -15.6% -32.1% -34.3% -23.9% 27.5% Home Depot Inc. US:HD -15.6% -21.8% -23.0% -12.7% 27.1% Procter & Gamble Co. US:PG -15.5% -18.8% -20.5% -18.4% 35.9% McDonald's Corp. US:MCD -14.9% -21.1% -23.3% -13.9% 11.3% Travelers Companies Inc. US:TRV -14.5% -24.0% -34.1% -25.4% 14.4% Exxon Mobil Corp. US:XOM -14.3% -38.4% -55.5% -46.7% 2.3% United Technologies Corp. US:UTX -14.1% -32.0% -35.3% -31.6% 40.6% Microsoft Corp. US:MSFT -13.6% -25.7% -27.1% -11.8% 55.3% Caterpillar Inc. US:CAT -13.4% -32.6% -38.7% -37.5% 16.2% Pfizer Inc. US:PFE -13.2% -17.1% -32.6% -23.4% -10.2% Walmart Inc. US:WMT -13.1% -11.6% -17.0% -12.4% 27.6% Apple Inc. US:AAPL -13.0% -23.3% -24.3% -15.5% 86.2% 3M Co. US:MMM -12.9% -16.2% -39.2% -24.3% -7.4% JPMorgan Chase & Co. US:JPM -12.6% -36.0% -37.6% -36.8% 42.8% Visa Inc. Class A US:V -12.3% -25.0% -25.3% -14.8% 42.4% Coca-Cola Co. US:KO -12.1% -21.1% -21.6% -14.8% 16.9% Johnson & Johnson US:JNJ -11.5% -15.8% -18.8% -14.0% 13.0% UnitedHealth Group Inc. US:UNH -10.6% -18.0% -18.4% -14.8% 18.0% Chevron Corp. US:CVX -10.3% -31.1% -40.1% -36.7% 10.8% Verizon Communications Inc. US:VZ -9.4% -12.1% -17.7% -16.6% 9.2% Merck & Co. Inc. US:MRK -9.2% -9.2% -19.6% -18.1% 19.0% Souce: FactSet

You can click on the tickers for more about each company.

S&P 500

Every component of the S&P 500 was down Thursday, with cruise line operators hit particularly hard after Carnival Corp. US:CCL announced cruises on 18 of its Princess ships would be halted for 60 days.

Here are the day’s 20 worst performers in the S&P 500:

Company Ticker Price change - March 12, 2020 Price change since Feb. 19 Decline from 52-week high Price change - 2020 Price change - 2019 Norwegian Cruise Line Holdings Ltd. US:NCLH -52.9% -81.4% -83.9% -83.5% 37.8% Royal Caribbean Cruises Ltd. US:RCL -41.4% -72.7% -77.6% -77.3% 36.5% Ventas Inc. US:VTR -37.7% -53.7% -63.7% -52.6% -1.5% Lincoln National Corp. US:LNC -34.2% -61.6% -65.4% -60.4% 15.0% Marathon Petroleum Corp. US:MPC -33.7% -60.3% -67.1% -62.0% 2.1% Boeing Co. US:BA -33.0% -54.2% -63.4% -52.5% 1.0% Noble Energy Inc. US:NBL -32.3% -66.9% -77.9% -74.8% 32.4% Capri Holdings Ltd. US:CPRI -31.3% -48.1% -71.3% -62.4% 0.6% Carnival Corp. US:CCL -31.2% -65.5% -74.1% -70.5% 3.1% PVH Corp. US:PVH -30.4% -48.6% -67.0% -57.9% 13.1% TechnipFMC LC US:FTI -30.3% -61.4% -76.8% -69.0% 9.5% Sysco Corp. US:SYY -30.3% -42.9% -49.4% -49.1% 36.5% United Airlines Holdings Inc. US:UAL -29.5% -53.3% -61.4% -57.9% 5.2% Welltower Inc. US:WELL -28.9% -47.6% -50.7% -43.8% 17.8% Macy's Inc US:M -28.7% -54.7% -72.0% -56.6% -42.9% Darden Restaurants Inc. US:DRI -28.4% -51.0% -53.9% -45.7% 9.2% Live Nation Entertainment Inc. US:LYV -28.1% -52.4% -52.7% -49.3% 45.1% Apache Corp. US:APA -28.1% -72.7% -79.6% -69.7% -2.5% National Oilwell Varco Inc. US:NOV -28.0% -62.8% -70.4% -65.3% -2.5% Valero Energy Corp. US:VLO -27.3% -47.2% -56.9% -53.1% 24.9% Source: FactSet

Nasdaq-100

Here are the 10 worst-performing components of the Nasdaq-100 Index US:NDX :

Company Ticker Price change - March 12, 2020 Price change since Feb. 19 Decline from 52-week high Price change - 2020 Price change - 2019 United Airlines Holdings Inc. US:UAL -29.5% -33.8% -61.4% -57.9% 5.2% Expedia Group Inc. US:EXPE -24.3% -29.5% -54.8% -39.9% -4.0% Microchip Technology Inc. US:MCHP -23.5% -25.8% -44.6% -40.5% 45.6% Western Digital Corp. US:WDC -21.7% -28.2% -45.7% -38.4% 71.7% Align Technology Inc. US:ALGN -21.1% -17.7% -46.2% -35.5% 33.2% American Airlines Group Inc. US:AAL -20.9% -40.0% -61.8% -53.1% -10.7% Splunk Inc. US:SPLK -20.6% -24.1% -40.4% -29.9% 42.8% Dollar Tree Inc. US:DLTR -20.1% -4.3% -41.3% -25.2% 4.1% Applied Materials Inc. US:AMAT -19.7% -16.7% -35.0% -26.1% 86.4% Micron Technology Inc. US:MU -19.3% -20.2% -36.9% -28.2% 69.5% Source: FactSet

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