Investors continue to monitor the coronavirus outbreak, with China's National Health Commission on Thursday reporting a total of 75,465 confirmed cases and 2,236 deaths on the mainland.
February flash manufacturing and services PMI readings are due at 9:45 a.m. ET on Friday, while January existing home sales figures are expected at 10 a.m. ET.are pointing to a sharply lower open on Friday morning after the number of new coronavirus cases escalated. At around 2:05 a.m. ET, Dow futures were down 123 points and indicated an implied negative open of more than 153 points. Futures on the S&P 500 and Nasdaq were also lower.
Investors continue to monitor the coronavirus outbreak, with China's National Health Commission on Thursday reporting a total of 75,465 confirmed cases and 2,236 deaths on the mainland. South Korea reported 52 new cases on Thursday to take its total to 150. U.S. stocks are coming off a negative session driven by a sudden midday sell-off which confounded traders and brought markets back from previous record highs.
The pic looks like a regrettable lunch choice 🥴
Lol
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China revokes Wall Street Journal reporters' press credentialsThe harsh reaction from Beijing came as China struggles not only to contain the fast-spreading coronavirus, but also to control the messaging surrounding the outbreak. The truth cannot be hidden!!!
Source: CNBC - 🏆 12. / 72 Read more »
China revokes press credentials of three at Wall Street Journal over opinion pieceChina revokes press credentials of three journalists of the Wall Street Journal over opinion piece USA OUT BaldingsWorld Of course they did they want them the hell out of China as COVID19 spreads further through the population they will need to hide what they are doing or there economy will collapse into ruin and odds are they will kill all those people with COVID19 if they cannot be helped.
Source: Reuters - 🏆 2. / 97 Read more »
China Expels Three Wall Street Journal ReportersChina revoked the press credentials of three Wall Street Journal reporters based in Beijing, the first time in the post-Mao era that the Chinese government has expelled multiple journalists from one international news organization at the same time. Who needs the Chinese Communists anyways! Clearly you don’t or you can’t have an opinion in China 🇨🇳 contrary to what the Government wants China, in principle, does not like those who spread lies.
Source: WSJ - 🏆 98. / 63 Read more »
Beijing expels three Wall Street Journal journalistsThe Chinese government announced Wednesday that it would revoke the press credentials of three Wall Street Journal reporters, the largest such expulsion of overseas media from the country in recent years. They must of came across something China does not want the world to know about. Media control in China, anything newsy about that? lol
Source: CNN - 🏆 4. / 95 Read more »
Bloomberg's transaction tax sets stage for clash with Wall Street clientsPresidential candidate Michael Bloomberg's decision to back a tax on trades... No matter who implements it, it's long overdue. This Transaction Tax is going to do some serious damage to markets and ultimately the economy as GDP is closely tied to markets. Bernie Sanders' transaction tax is 5X higher!!! I'm sure Bloomberg's wall street buddies would be happy that he tries to save them money.
Source: Reuters - 🏆 2. / 97 Read more »
‘Unprecedented Form Of Retaliation’: China Expels Wall Street Journal Reporters Over ‘Racist’ Coronavirus Op-EdChina expelled 3 Wall Street Journal reporters over a 'racist' coronavirus opinion article by lisettevoytko lisettevoytko Is this for real. lisettevoytko Xi sucks at running China, he should step down if he can't handle the criticism. lisettevoytko Chinese should believe in their own truth and not in the real one.
Source: Forbes - 🏆 394. / 53 Read more »