Dow falls another 1,000 points

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The Dow opened 750 points down, marking its seventh-straight day in the red as coronavirus fears continue to mount

Stocks opened sharply lower and extended their losses in the first hour of trading. The Dow fell nearly 1,086 points at its low-point. It was most recently down 980 points, or 3.8% -- its seventh-straight day in the red. The index dropped 3,226 points in the first four days of the week, including its worst one-day point drop in history on Thursday. On a percentage basis, Thursday's 4.4% slump was the worst performance since February 2018.

The Federal Reserve is in focus on Friday, after expectations for an interest rate cut at the March 18 meeting spiked to 100%, according to the CME FedWatch Tool. Some market participants -- 34% -- even expect a half percentage point cut.That said, various Fed officials have so far said rate cuts are not yet necessary.

 

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This market plunge will be named 'RED MONDAY'!! Can you remember 'Black Friday'?

Looks like trump is fighting his toughest opponent yet by the name of “CORONAVIRUS”, who may actually lead to the fall of his wishful empire. He can try and down play it okay all he wants, but no quid pro quo will help him here. Bet he never saw that coming!!!

Warmer weather will end this and the stock market will go up again. Cnn likes fear.

Trump supporter just told me it’s all BS and no worse than the flu. This is the problem with trump downplaying this whole thing.

TrumpVirus

This is the only thing Trump cares about right now

Well your fear mongering is doing exactely what you want. You want to hurt President Trump. In the end it will backfire just like all your other sheninanigans

The same 'experts' that were influencing and/or making decisions last week are advising on solutions now. These boom bust cycles are ridiculous. Pure greed and gross mismanagement of risk. Again. NoBailouts Risk MoralHazard

CNN: Spreading fear and hate since the first gulf war.

This stock market is like one of trumps toilets. It takes a whole bunch of flushes to get it down.

Reviewing legal options for remedies to loss of asset value due to media stoking unnecessary fears by which stock market values were unnecessarily diminished. Class action pending...

The TrumpCrash continues. Incompetence carries a financial price.

Thank goodness Im out. It's only going to get worse! Warnings are coming out everywhere and now we're being told that we should stockpile food

realDonaldTrump WhiteHouse StockMarket

good to see by that photo that Charlie Day will be playing 'distressed Wall St employee' in the movie version of this

Isn’t is absolutely amazing how the Dems have created a hoax so believable that schools in Japan have closed?

The deepening global economic downturn, coupled with heightened risk aversion in financial markets, adversely impacted trade and investment in the region.

Buy, buy, buy!

Time to buy

Oh my!!! And it is all the Fault of CNN. Just ask Trump the man who tells us Windmills cause cancer! I feel protected from the virus now! The “Stable Genius “ has it all under control! No one knows more about Technology or in this case viruses than Trump. Ask him!

Looks what happens when we have just a whiff of Communist Bernie .. MAGA2020 !

Today Trump is planning to blame the WH gardeners for this. There is no one else left.

Hmm the day just began, WTF.

Is this really Coronavirus tumble or we are scapegoating Coronavirus for the explosion of the bubble

dbongino I think I heard BarackObama taking credit; saying that this was a continuation of the policies that he set in motion back in 2008....

Trump is UnFit to be President along with Pence.

This drop is due to Obama's Obama's presidency, not trumps. Trump makes the market go up

Way to go Stable Genius! lol

I find it funny that you never showed the increase in the stock market like you are sharing the decrease.

The Democrat party is celebrating! We finally have a chance. Sickening.

Fake news

These fearmongering libs are ruining the economy. This is what happens when we take Jesus out of schools.

Pinned to my page is a livestream from a busy Thailand tourist spot. Hundreds of foreign tourists oblivious to COVID19, taking no precautions in a country the size of Cali with (supposedly) 41 cases. They all have to get on planes and come home at some point. Please check it out

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U.S. Stock Market Suffers Brutally as Dow Drops to Historic Low Amid Coronavirus FearsThe Dow marked its biggest one-day point drop to ever be recorded on Thursday
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Dow futures slide 300 points on fears the coronavirus could be spreading to the USStock futures tumbled Thursday as fears mount that the deadly coronavirus could be spreading to the U.S. as the number of world-wide cases top 81,000. Here we go. Wall Street is smarter than the Trump administration. Then again, my terrier is smarter than the Trump administration. Don’t worry trump will make the fed cut rates Coronavirus Best-Practices: 1. Stay home if you feel ill. 2. Wash hands longer and more often. 3. Get the flu shot. 4. Avoid touching your mouth or face. 5. Cough into your elbow. 6. Vote out the guy who fired the US Pandemic Response Team in 2018.
Source: USATODAY - 🏆 100. / 63 Read more »

Dow futures sink 350 points as US officials warn of coronavirus spreadDow futures dropped late Wednesday after US health authorities said they've discovered a case of novel coronavirus in the country without knowing its origin. Other major US indexes also declined in after-hours trading. Since Obama wants to take credit for the economy I guess we should credit him with the stock market dropping too! Thanks Obama! Rut ro ... Donny's gonna be cranky in the morning! Wall street is playing you!!! They tease Democrats... this is the one, then in 3 weeks.. ALL TIME HIGHS AGAIN!!! TROLLING DEMOCRATS IS AN EASY GIFT.
Source: CNN - 🏆 4. / 95 Read more »

Dow Falls Nearly 1,200 Points; Stocks Now In Correction TerritoryStocks are in free-fall, with major indexes falling into correction territory. The Dow tumbled nearly 1,200 points as worries mounted about the economic toll of a widening coronavirus epidemic. Tom Petty warned us of this Turns out, gutting the CDC and getting rid of the emergency global health of USAID was an extremely costly move from the dotard and his Godforsaken administration. Well, even when the market is through the roof...I feel nothing. Job creation low, limited wages, no wealth...so....
Source: NPR - 🏆 96. / 63 Read more »

Dow falls 1,191 points -- the most in historyJUST IN: The Dow plunged more than 1,100 points and closed in the red as worries about the coronavirus mounted. It was the index's worst one-day point drop in history. Can we please all agree that this experiment of having a dumb TV host and shady real estate developer with no government knowledge, 5 kids from 3 marriages, 6 bankruptcies, 46 charges of sexual assault, and 35,000 lawsuits as president is not going well at all? TrumpVirus larosh97 1100 points oof Perfect. Now when it gets lower, buy low and it'll go back up and youll be wealthy. That's how all the millionaires do it.
Source: CNN - 🏆 4. / 95 Read more »

Stock market live updates: Dow down 700, rebound attempt fails, will Fed act?“We’re starting this epidemic at all-time highs,” one expert says about the coronavirus. “So the initial damage is probably going to be a whole lot more than it has been for the other 11 global health care scares that we’ve seen over the last 20 years.” There needs to be criminal charges against the media and politicians fomenting this fake crisis right now realDonaldTrump especially the financial media, it’s like yelling fire in a movie theatre, where’s the FBI Oh wait our FBI is as corrupt as the rest of D.C & WS yep, definitely need a vaccine NATALLIANCE: 'We went from an 'all-time high' to a 'correction' (-10% off all-time highs) within 6 trading days. This would be only the second time in history that this has happened. The other? Dec 1928.'
Source: CNBC - 🏆 12. / 72 Read more »