The major averages plummeted at the open and haven't been able to make up any ground since. The Dow fell more than 1,000 points at the session low, and all the major averages are down more than 3%. Thursday's sharp slide follows Wednesday's relief rally, which saw the Dow post its second largest point gain on record. Investors continue to flee to so-called safety trades — the utility sector is tracking for its best week ever, and the yield on the 10-year Treasury is less than 1%.
The industrials sector is more than 4% lower, while communication services, discretionary, materials and tech are all down more than 3%. Utilites is the top-performer, with a decline of just 1.7%.of 0.899% as fresh bids for U.S. debt climbed thanks to rekindled coronavirus fears. The lowest reading on the 10-year yield was 0.899%, below its all-time low of 0.906% hit earlier in the week.
sell Mortimer sell !!!! hahahaha
fight_goddess Hey, DopeyDonald what say you? realDonaldTrump is all chest bumping when stocks are up, what about now? Lets see who he fucking blames this on
Markets are falling because of Biden's Super Tuesday win
Finally, the markets woke up to realities of how Trump can really fuck up handling of the Coronavirus crisis. The bubble may finally burst.
Your last guest suggest the government step in and start buying equities, like a rich person's socialism? Wtf? So much for lassiez faire
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.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: AP - 🏆 728. / 51 Read more »