Stocks just couldn't rebound | 10-year yield hits new record low | Trump coronavirus press conference

Stocks attempted to stage a comeback on Wednesday, but fell lower amid ever-rising coronavirus concerns.

VIEW IN BROWSER | SUBSCRIBE WED, FEB 26, 2020 EVENING BRIEF AS OF WED, FEB 26, 2020 • 04:01 ET DJIA 26961.32 -0.44% -120.04 S&P 500 3116.53 -0.37% -11.68 NASDAQ 8980.78 +0.17% +15.16   Most Active DOW NAME LAST CHG %CHG MSFT 170.17 +2.10 +1.25% AAPL 292.65 +4.57 +1.59% PFE 34.72 +0.79 +2.33% S&P 500 NAME LAST CHG %CHG GE 10.95 -0.37 -3.27% F 7.21 -0.02 -0.28% AMD 47.49 -0.08 -0.17% NASDAQ NAME LAST CHG %CHG AMD 47.49 -0.08 -0.17% MSFT 170.17 +2.10 +1.25% AAPL 292.65 +4.57 +1.59% EDITOR'S NOTE The Dow Jones Industrial Average made several attempts to rally on Wednesday, only to be discouraged by new coronavirus headlines.   The Dow spiked more than 460 points at the high point of the day, but then fell, bounced around and ended the day with a loss. Investors are increasingly concerned the epidemic will curb global economic growth and corporate earnings.   "Unfortunately, I think this is going to turn into a full-blown correction," David Bianco, chief investment strategist for the Americas at DWS, told CNBC's "Squawk Box."   The 10-year Treasury yield also tried to stage a recovery, but investors continued to flee to the relative safety of bonds, driving the yield to a new low. CNBC's Jeff Cox writes that bond yields have nowhere to go but down as long as the coronavirus outbreak rages around the world.    Of course, it's not just the coronavirus, notes Robert Tipp, chief investment strategist and head of global bonds for PGIM Fixed Income. Nations have been lowering bond rates for years to combat slowing economic growth.   "The United States cannot be well above 1%" as other central banks continue to cut, Tipp said.    Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Wall Street struggles to rebound from this week's market rout 10-year Treasury yield drops to new record low of 1.30% on coronavirus fears There's nowhere to go but lower for bond yields as long as coronavirus scare persists Trump coronavirus press conference tonight 83 New York residents placed in self-quarantine after returning from coronavirus-stricken China Mike Bloomberg's momentum stalls in presidential polls ahead of Super Tuesday vote Bob Iger on stepping down as Disney CEO: 'I don't want to run the company anymore' Trump campaign sues The New York Times for libel over Russia opinion article Disney's CEO shift makes sense as the company goes direct-to-consumer There's a sense of urgency and crisis at Ford as stock hits 10-year low, exec says     TOP VIDEO Watch CNBC's full interview with Omega Advisors CEO Leon Cooperman   CNBC PRO The rise in market volatility could give a boost to these stocks, says Piper Sandler   SPECIAL REPORTS Coronavirus outbreak sparks rush to 'disaster protection' plays US stocks are still the best of a bad bunch as the global sell-off stretches on, says trader. Here's why   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS