Wall Street tumbles again, with the Dow falling 500 points on lockdown concerns

People walk outside the New York Stock Exchange on Oct. 26, 2020, in New York.Wall Street fell again on Wednesday, as Europe considered additional lockdowns and U.S. cities such as Chicago and Newark, New Jersey, announced a new round of restrictive measures to combat the spread of the coronavirus.

Market participants are focused on the extent to which the uptick in coronavirus cases could stall any economic recovery. Officials in Illinois said Tuesday they would extend restrictions in Chicago to include the suspension of indoor dining and a size limit on gatherings. In Europe, German Chancellor Angela Merkel is in discussions to consider closing restaurants and bars. French President Emmanuel Macron is set to give a televised address on Wednesday night to announce additional measures to the curfews that were put in place last week. The moves would follow similar restrictions implemented over the past few weeks in Italy and Spain.

Seven months into the pandemic, companies are still attempting to right-size their workforce. Boeing reported its fourth straight quarterly loss Wednesday morning and announced thousands more job cuts. The ailing aircraft manufacturer said it would be cutting a further 7 percent of its workforce, with a goal of reducing its total headcount by 30,000 to 130,000 by the end of next year.

UPDATE: Dow down nearly 800 points Wednesday morning; down 1,500+ points since Monday.

So just how big is that corner we are rounding 🤔🤔🤔

Blame Moscow Mitch and Donald getting Amy on the court was more important than covid response relief for businesses and families. Now Do ald wants to cut funding for the food lines time to dump donald.

cramerbubble

Because we are all so invested. CovidProfiteers

Boss says 2 much testing!!! New Trump Slogan: Stop the testing! Stop the virus! Drink Corona! Vote

I DON'T CARE

Stock market is crashing for two reasons. realDonaldTrump WhiteHouse failure on the appropriate COVID19 response with no relief for Americans affected by it. Reason number two is that Trump has been signaling for a civil war if he loses the election and he is going to lose.

Mr. President, The TRILLIONS of Tax Payer’s Dollars that have you have been pumping into the Market has RUN OUT! There is NO new Crisis Fund to keep the Market from falling! You have put this country in the Worse “WELFARE” Financial Crisis in History!

Dem s holes.

Let that bitch fall like Trump is doing America and the American people. VoteBlue2020

People don't want any more lockdowns, WHO has said it at least a couple times now.

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Stocks sink on Wall Street as virus cases continue to spreadStocks open sharply lower on Wall Street as virus cases spread and as European countries move toward imposing more restrictions. Crude oil prices fell sharply on expectations that demand for energy would weaken even more. 232,101 dead and counting. Let us never forget or forgive Trump's virus denial- PLEASE VOTE 1/22 We have it totally under control. 2/28 this is their new hoax 6/17 It’s fading away 6/18 Numbers are starting to get very good 7/19 It’s going to disappear 8/3 It’s under control The Trump2020 National Debt, Jobs and Covid Scorecard with (6) days left before Election: TrumpVirus VoteBlueToSaveAmerica TrumpLiedAmericansDied realDonaldTrump is running our country's economy like his own businesses: into the ground.
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