The Dow shed as many as 849 points, or 2.9%, in the early afternoon, while the broader S&P 500 was down 2.5%.The Nasdaq Composite also fell 2.3%.The Dow is more than 7% below its most recent high, putting it close to correction territory. The Dow would need to fall 10% to be in a correction.Economists remain worried about the economic fallout from the virus outbreak, including its effect on global supply chains and trade.
The index has dropped for four consecutive days including Tuesday, shedding nearly 2,000 points in total.US stocks initially appeared to rebound at Tuesday's open, but soon fell back into negative territory.Even so, the risk off sentiment was nothing like Monday, said Fawad Razaqzada, senior market analyst at TradingCandles.com.A further selloff in stocks could be staved off by some bargain hunting and profit taking of investors with short positions, Razaqzada said.
Is this really a soultion?
The markets are unsettled because they know realDonaldTrump has gutted the CDC and substantially cut funding for the NIH and WHO over the past 3 yrs. I don't expect the markets to stabilize anytime soon.
But trump said it was no more than a common cold.? Oh NO... Could trump be Lying?
Monitor Daily - Coronavirus Cases Outside China chart:
Thank you DemocRATS
An update:
Good. Blame it on former presidents and the corruption in the Congress. Bring the jobs back home. China is a communist country
I hope the airlines are keeping planes sanitised.
See how the CNN coverage compares against other news outlets on Ground News SmartNews coronavirus Stockmarkets Business Economy
Trump says the virus will “go away”. I wonder if he will give science the credit.
They say it’s the corona virus but really it’s SenSanders possibly winning the dem nomination.
Think you mean 900.
Thanks realDonaldTrump
better move that tsp4gov to the G fund
Get Face Mask Against Corona Virus Now, Protect Yourself From All Viruses:
USA has just announced sanctions on Coronavirus and all coronavirusons will be banned from the country
I’ll just leave this here...
Not the Dow! My sweetie the Dow fell, you say? 600 points? Fuck me.
My 409K is in the toilet!
Check out our page for daily infographics on the coronavirus and its global economic impact painlesspolitics
📉 TheDow
Guess Trump will start taking the COVID threat seriously now
What is trump doing in India when the crisis demands his presence in D.C. Was the trip to the Taj Mahal or the trump rally in India that important?
Trump right now:
It’s now down 800 points
800 now
*800 points
Which I’m sure CNN is happy to announce 😌
Getting close to 900pts as of now
Just gotta make to April, so the warm air can save us
Now's the perfect time to open a beauty supply store.
Could this be the end?
Completely ridiculous china is the root of this problem this was going on long before it escaped. Out market reflection of others who still are in deep with china. This Is Not. Pandemic and wont be the flu kills a million every year but no biggie. This is political
According to trumpy dumpy everything is fine markets are doing good and virus is under control 🤣 he is loosing his mind who taught a virus can knock trumpy off 😆
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