Stocks Extend Drop as Anxiety About Virus Fallout Returns

  • 📰 WSJ
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The Dow industrials drop more than 900 points and Treasury yields fall as concerns about the coronavirus continue to batter markets

U.S. stocks and bond yields dropped Thursday, continuing a painful stretch of market turbulence as investors around the world remain jittery about the economic fallout from the coronavirus outbreak.

The Dow Jones Industrial Average fell more than 950 points, or 3.5%, erasing much of the gains notched Wednesday as losses accelerated midday. A strong Super Tuesday performance by former Vice President Joe Biden and growing signs of a coordinated response to the coronavirus had driven a sharp rally in U.S. stocks.

 

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

Put another way (without all the headline hysteria)... as of 1:30 today, the S&P 500 has been battered 2.5% HIGHER than it closed last week. But I guess my version just doesn’t cause enough desired panic. InvestDontGuess

Sureee blame it on the corona virus

Because the lackluster administration keeps opening its mouth without the support and guidance and medical professionals. FoxNews medical professionals do not count! The CDC matters. The WHO matters. Trump and Pence do not!

The Dow is as a 'Rollercoaster of Love'.

The sick man of North America

Aren't you mad at China for practicing on you What are you going to do about it ! NO MFG FROM CHINA FOR ONE YEAR! WE HAVE BEEN SUBJECT TO CHEMICAL WARFARE! WAKE UP! THEY WILL DO IT AGAIN! THIS IS SECOND TIME YOU COWARDS NYT

As concerns about trumps lies and incompetence continue to batter the markets

Unfortunately, the stock market is completely manipulated Lucifer the sick devil decides who buys and where when and where, every thought is controlled the stock market is nothing more than a tool of the devil shame not a good god what's behind it but a wrong Plyr

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:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

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

Stocks Extend Drop Despite Surprise Fed Rate CutU.S. stocks and government bond yields slid after the Federal Reserve lowered interest rates, but failed to assuage the anxieties of money managers monitoring the economic fallout from the coronavirus epidemic. Time to buy? It will rebound; quit stoking fear
Source: WSJ - 🏆 98. / 63 Read more »

U.S. stocks may fall another 11% due to virus damage-index provider MSCIU.S. stocks could be in line for another double-digit decline in the near-term b... 🙈 I can't bear to watch! Yesterdays bump was the Biden Bump but today's fall is coronavirus? Or they won't. And if they do they'll go back up. Just another reminder though not to put money in the stock market that you'll need in less then 3-5 years.
Source: Reuters - 🏆 2. / 97 Read more »

Stock market live updates: Futures point to 500-point loss, airline stocks fallAfter posting its second largest daily point gain in history, the Dow was set to drop on Thursday. Friday down 3% Monday up 4% Tuesday down 3% Wednesday up 3% Thursday down 3%....Don't adjust your sets, there is NO Market Manipulation going on here...NONE Oh dear, let's all panic eh? Never mind the human crisis we need to get aviation back to normal or my interests will suffer..
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow drops 850, travel stocks sink, 10-year below 1%“Bond King” Jeffrey Gundlach says he thinks the Fed will cut rates again, “perhaps even in two weeks,” following this week’s emergency 50 basis point cut. 🤔🤔 Rates are headed below zero all over the world
Source: CNBC - 🏆 12. / 72 Read more »

As 10-year yield falls to records, traders bet on three top housing stocksThe 10-year Treasury yield plummeted below 1% on Tuesday for the first time ever. These housing stocks could be the biggest beneficiary. TradingNation A STOCK MARKET CRASH IS WORSE THAN DIVORCE YOU LOSE HALF YOUR MONEY AND YOUR WIFE STILL AROUND ☹️
Source: CNBC - 🏆 12. / 72 Read more »

Another bad sign for the economy: Travel stocks are plungingThe market has been whipsawed by fears about the coronavirus. But for many Americans, who largely don't own stocks, the financial impact so far is purely psychological. Yes, it's terrifying. But it doesn't actually say anything about the real economy. That’s the reason you and your party Ass Clowns Say What? KAG 🇺🇸
Source: CNN - 🏆 4. / 95 Read more »