Trading was halted for 15 minutes on Thursday morning after the S&P dropped 7% in the first hour of trading, triggering a built-in “circuit breaker” mechanism at the New York Stock Exchange.
Stocks rebounded briefly after the Federal Reserve announced a new liquidity injection for banks at midday, but the respite didn’t last and the selloff accelerated into the afternoon. ongoing price war between Russia and Saudi Arabia, gold lost 4.2%, the Euro and the British Pound fell slightly, and not even bitcoin was immune .
This week, investors pinned their hopes on a new fiscal stimulus plan announced by President Trump, which he said would include tax relief, a , and a $50 billion bump in loans to small businesses in areas affected by the outbreak, but by Thursday afternoon no concrete details had emerged. The fallout from the rapidly-spreading coronavirus continues to escalate. Italy has enacted a nationwide lockdown of its 60 million people under which all businesses except pharmacies and grocery stores are closed—it’s the most extreme measure of any affected country.
Opportunities, hopefully you have the ability to capitalize on this “luck”
Todays crash is the result of educated informed people hearing Trump’s speech after he spent a weekend playing golf and taking campaign hat photo ops at the CDC, and accepting we have a clueless baboon at the helm who has surrounded himself with witless cult followers
And Mexico landed softly and is chilling because their oil was insured by their president, 0 losses backed up by Russia 🤔😏🤪.
I think they should shut the stock market down until further notice and focus on medical care and give more attention to people instead of money. This is the market's wake up call. Will it ever?
SKY IS THE LIMIT ! Mo Money, Mo Problems $$$
My views about BlackMonday and MarketsInTurmoil and Pakistanstockexchange in urdu
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Dow futures fall 400 points while Asian markets slumpUS stock futures tumbled Tuesday evening, adding to volatility after another wild day of trading. The whiplash has been immense: Tuesday's rebound followed historic declines the day before. The Dow on Monday experienced its worst-ever one-day point drop. Obama declares state of emergency after 1000 Americans die from the Swine Flu. Trump does it after one death from COVID-19. Trump isn't doing enough. Quite a spin on a 1200 point rally today. But hey, it’s CNN.😂 You never mentioned stocks on the climb up. Why ?
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