Stocks tumble -- on pace for worst week since the financial crisis

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

United States Headlines News

United States Latest News,United States Headlines

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 before regaining some lost ground around midday. The Dow fell nearly 1,086 points at its low-point. It was down 980 points, or 3.8%, in the afternoon -- 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.

30 an ounce and are on track for their worst one-day percentage loss since 2013.Treasury yields slipped further on Friday as investors piled into the safe haven government bonds. Bond yields and prices move opposite to each other. The 10-year bond yield dropped below 1.17%.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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is over kill, panic that's all this is, be ready Monday for a rebound.

Doom and Gloom, that's the CNN way!

Good job fake news and Democrats, spreading lunacy !!!

Question: Is CNN participating in a rather elaborate, international psyop?

When corona virus was discovered they should’ve grounded every flight in and out of China immediately. instead they waited almost a month and they’re still not fully grounded. Ridiculous and now look. This is not just affecting the world’s health it’s affectin the global economy.

One day we will learn that george soros and u.s. intelligence was behind the release of this virus.

So uhh Trump, Super Genius, at which point do you suspend trading, AFTER the DOW goes below zero ? In Chess Trump likes to catch his opponent off guard by immediately conceding, they never see it coming

CNN loves it when we do bad because their news organization can make money this is ridiculous

Corrections?

The_JamesJordan looks really pissed off 😂

So the Dow opened up lower. What the hell do you want from me.

CNN continue to push chaos in the market and Corona virus just to defeat Trump. Who cares what American is hurt along the way. Corona virus is an average virus compared to most. Frauds.

The Obama economy takes a hit

Cancel the USA

MEDIA R SO HAPPY DEY WANT A RECESSION SO BAD IT MIGHT HAPPEN FINALLY DEY PRAY 4 EVERYTHING BAD 2 HAPPEN 2 D TRUMP PRESIDENCY DEMOCRATS R ECSTATIC JUST REMEMBER PRES TRUMP WEN HE TOOK OFFICE D MARKET (DOW JONES) WAS ONLY AT AROUND 18000

For all the hype and breathless hope of CNN and democrats it turns out the death rate is less than the average flu. CNN and Dems hoping for catastrophe because they hate Trump. Evil AP FACT CHECK: Democrats distort coronavirus readiness

FIRE DON LEMON!!

Whatever the American people don’t believe a word you say. Most of us are buying more bargain stocks as we speak....

Is this Trump's ineptitude finally coming home to roost in the minds of the world's institutional investors?

What's Gareth Southgate doing there?

KOSPI 1,987.01

Drop baby drop. Im willing to lose 401 k if it gets that russian agent out.

Thanks Obama

The fact the trump disaster spirals out of control surprises nobody except for the idiots who voted for him

I thought all you libs hate the market. This should be good news for you. The “1%” are getting hit right? Smh.

I know you guys are happy.

Winning eh DJT?

Cheers.

Good time to buy stocks.

Stop the panic talking.... Smart businesses are adjusting for the lack of goods or partial parts for goods NOT ABLE TO SHIP... US financial markets are used internationally... These numbers in many cases DO NOT reflect US economy... THINK PEOPLE THINK

Make that 1000

Damn democrats says the POS TRUMP

Maybe a LITTLE less glee, CNN?

Corona virus czars are hard at work 😂😂😂

I guess your plan for scaring the country is working...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks have worst week since 2008BREAKING: Dow Jones plummets nearly 1,200 points, more than 4%, as economic uncertainty over the spread of the novel coronavirus continued to rattle markets. Oh dang 🤣 get ready to make some money 😁 Here’s today’s date... It was a sham market before coronavirus. Don't use that as an excuse.
Source: ABC - 🏆 471. / 51 Read more »

U.S. stocks plummet and health experts warn against Trump's claims: The latest on coronavirusCalifornia Gov. Newsom said the state is working with federal officials to expand its ability to evaluate people for coronavirus—one day after it was revealed the first patient likely to have contracted it within a U.S. community was denied a test My biggest concern are the homeless...😢 Shut down the borders now!!!!!!! What a resemblance...
Source: politico - 🏆 381. / 59 Read more »

U.S. Stocks Slide Into a Correction as Virus Fears Show No Sign of EasingStocks, bond yields and oil prices slid as investors braced for a drop in business activity and corporate earnings following the spread of the coronavirus.The Dow industrials are now 10% off their recent high. So what’s everyone buying at at a discount? For those of us who are still paying into IRAs and 401ks, it’s very encouraging. I get to buy shares on sale! Yea Me! Maybe greedy American corps shouldn't have outsourced manufacturing and jobs to Communist China. Hopefully, this is a wake up call. MADEinUSA
Source: WSJ - 🏆 98. / 63 Read more »

These stocks have been crushed since the coronavirus began to take down the U.S. marketHere are the stocks that have been crushed hardest since the coronavirus outbreak began: Coronavirus should spare us , we lost money on the market Energy? Aviation without looking
Source: MarketWatch - 🏆 3. / 97 Read more »

Instant View: U.S. stocks confirm correction on pandemic fearsWall Street's main indexes tumbled on Thursday, putting them more than 10% ... ima buy a shit ton of stonks after the market takes a dump. Coronavirus 02/27/2020 USA braces for the new flu. In 2017-2018 there were 45,000,000 cases, of those 810,000 were hospitalised, of those 61,000 died ( 1 out of 13 fatality rate ) Currently, unconfirmed, 82,000 cases and 2,800 fatalities ( 1 out of 29 fatality rate )
Source: Reuters - 🏆 2. / 97 Read more »

U.S. stocks rise after 4-day coronavirus slideU.S. equities gained for the first time in five days as investors digested fresh evidence of the widening coronavirus outbreak. The dollar advanced.
Source: latimes - 🏆 11. / 82 Read more »