Stocks lost more than 6 per cent on Wall Street on Monday as huge swaths of the US economy come closer to shutting down due to the coronavirus outbreak, from airlines to restaurants.Trading was halted within minutes after the open, but the S&P 500's losses deepened after trading resumed
Emergency actions taken by the Federal Reserve late on Sunday to prop up the economy and get financial markets running smoothly again may have raised fears even further, some investors said. To many investors, that meets the definition of a recession, and the question is how long it will last.
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Wall Street trading halted within first minute as coronavirus plunges global stocksBREAKING: The New York Stock Exchange on Wall Street has temporarily halted trading within the first minute of markets opening today. 9News EduardoJohner K lookner BREAKING time to rest.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Near zero: US Fed announces second emergency rate cutThe US Federal Reserve cut interest rates for the second time in less than two weeks in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic. The puppet does it again. Trump was watching futures tank all weekend and feared another meltdown.....independence my a**.
Source: smh - 🏆 6. / 80 Read more »
Trump tests negative for coronavirus amid US emergencyUS President Donald Trump has tested negative for the new coronavirus, according to the president's personal physician. 9News Of course he did! The White House doctor doesn't want to be out of a job within the next 48 hours. it was never going to be positive, that clown wouldn't let him Trump wouldn’t lie, would he
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Coronavirus updates LIVE: France, Spain go into lockdown as US extends Europe travel ban to UKFrance and Spain are following Italy into lockdown while the US has expanded its travel ban to include the UK. Follow our live coverage here. ‘Wartime-style’. Media driven by fear mongering rather than science or common sense.
Source: smh - 🏆 6. / 80 Read more »
UK and Ireland included in US travel ban | Sky News AustraliaThe United States Vice President Mike Pence has confirmed the United Kingdom and Ireland will be included in the nation's travel ban in response to an increase in the number of COVID-19 cases in the UK. \n\nThe ban will be enforced at midnight on Monday eastern time in the US and President Donald Trump has announced testing for suspected infections will be ramped up in the near future.\n\nThe president also confirmed he has been tested for the virus and is waiting for the results after being in contact with a number of people who later tested positive for the coronavirus. \n\nImage: AP Mike_Pence We’re more likely added to the banned Muslim countries list than the Coronavirus one lol Mike_Pence UK confirmed cases in JUST LAST 24hrs increased 30% & deaths 48% of total: but USA adding UK to travel ban is in direct response to Herd_Immunity policy. UK's speculative, unscientific, high risk herdimmunity plan, is definitely one to selfisolate from. Mike_Pence Can we please stop the Seppo’s coming to Australia- all seem to be infectious
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Coronavirus update: US adds UK to travel ban, Trump gets tested, Spain's cases spikeThe United States expands its travel ban, Spain records 1,500 new coronavirus cases in a day and Indonesia's Transport Minister tests positive. I hope Trump is okay, I hope Dutton is okay. I'm not their biggest fans politically, but I'd like everyone to walk out of this a little wiser - not tragically dead. I'd love it if everyone could stop politicising this in Australia, including the ABC. Any chance you guys get to stick the boot into Trump, you go for it with no shame. Unbelievable. I think ScoMo and his team gave up on the country already. No matter what they come up with the make up plan, they had taken too long and lost voters’ trust. We are Screwed up. When come to public health, how can a country leader acting like a fool?
Source: abcnews - 🏆 5. / 83 Read more »