# Stocks Post Worst Day in 4 Months as Infections Rise Around the Globe - The New York Times

> US stocks fell across all 11 sectors as rising infections drove traders out of economically sensitive stocks and into government bonds. Benchmark West Texas Intermediate crude fell 5.5% to $37.39 a barrel.

- Date: 2020-10-28 · published 2020-10-28T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8189-stocks-post-worst-day-in-4-months-as-infections-rise-around-the-globe-the-new
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Weaker economic sentiment and lower crude prices reduce energy-linked costs and can weigh on biofuel-related feedstock values. The effect on feed markets is indirect.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-02-01 | [Canadian dollar posts 2½-month high as stocks rally after Fed rate hike - The Globe and Mail](https://feedsoft.ai/events/37580-canadian-dollar-posts-21-2-month-high-as-stocks-rally-after-fed-rate-hike-the.md) | -2.2% | -1.7% |
| WTI | 2020-02-24 | [Oil slides into bear market territory, posting worst day in more than a month](https://feedsoft.ai/events/7115-oil-slides-into-bear-market-territory-posting-worst-day-in-more-than-a-month.md) | -16.0% | -61.7% |
| WTI | 2024-01-02 | [Canadian dollar falls the most in 3 months, weighed by soft factory data - The Globe and Mail](https://feedsoft.ai/events/32340-canadian-dollar-falls-the-most-in-3-months-weighed-by-soft-factory-data-the.md) | -1.2% | +8.8% |
| WTI | 2022-07-05 | [Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times](https://feedsoft.ai/events/10287-euro-hits-20-year-low-against-dollar-as-markets-slide-the-new-york-times.md) | -3.9% | -12.8% |
| WTI | 2019-04-26 | [Canadian dollar rises as U.S. growth composition weighs on greenback - The Globe and Mail](https://feedsoft.ai/events/59816-canadian-dollar-rises-as-u-s-growth-composition-weighs-on-greenback-the-globe.md) | -5.3% | -11.5% |

## Sources

- nytimes.com: https://www.nytimes.com/2020/10/28/business/stock-market-coronavirus.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.