Stock market live updates: Dow jumps 1,300, S&P gains 6%, Mnuchin says buying opportunity

8:27 am: Warren Buffett says Berkshire's annual meeting will be held without shareholders in attendanceBerkshire Hathaway's annual shareholder's meeting will not be held with shareholders present"I very much regret this action; for many decades the annual meeting has been a high point of the year for me and my partner, Charlie Munger," Buffett said in a letter to shareholders.

"Therefore, we will limit attendance to me, possibly Charlie, and several Berkshire employees who will deliver proxy votes," Buffett noted. Berkshire's annual meeting has become a staple in the global business community. In 2018, more than 40,000 people from around the world attended the event known by some as "Woodstock for Capitalists.

$1.5 trillion into the financial system in an effort to combat potential freezes brought on by the coronavirus , but the Street didn't think it was enough and stocks posted their worst day since the Oct. 1987 crash. One part of the announcement saw the Fed widen the scale for its $60 billion a month worth of money the Treasury purchases, which to now had been confined to short-term T-bills. Under the new regime, the Fed will extend its purchases "across a range of maturities" to include bills, notes, Treasury Inflation-Protected Securities and other instruments.

NONE OF WHAT TRUMP SAID AT HIS CONFERENCE WAS FALSE.

Dead Cats are a hot commodity these days

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Here We Go Again: Dow Drops 1,000 Points As Stock Market Turmoil ContinuesThe Dow Jones Industrial Average fell yet again Wednesday morning after staging a rally a day earlier. Just on Monday, the stock market had its worst drop since 2008 amid coronavirus economic fears. Fake news please disregard fake BS. Amen The government would have more money if we defunded NPR for being slanted to favor Democrats. DefundNPR
Fonte: NPR - 🏆 96. / 63 Consulte Mais informação »

Here We Go Again: Dow Dives As Stocks Near A Bear MarketThe Dow Jones Industrial Average fell sharply again Wednesday after staging a rally a day earlier. Major indexes were down around 20% from their peaks in February, signaling an end to the bull market. -- Sounds like the 'Correction' we've been waiting for, with the Coronavirus' effect as catalyst. realDonaldTrump told me it was only a 3 year run. Rawr!
Fonte: NPR - 🏆 96. / 63 Consulte Mais informação »