Here We Go Again: Dow Dives As Stocks Near A Bear Market

  • 📰 NPR
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The Dow fell sharply again today. Major indexes were down about 20% from their recent peaks in February, threatening an end to the bull market's 11-year run.

The stock market has continued to be volatile in recent weeks over growing fears that the spread of coronavirus will push the world economy into recession.Timothy A. Clary/AFP via Getty Images

The stock market has continued to be volatile in recent weeks over growing fears that the spread of coronavirus will push the world economy into recession.The Dow Jones Industrial Average fell sharply yet again Wednesday after staging a rally a day earlier. Major indexes were down about 20% from their recent peaks in February, putting the stock market near bear market territory and threatening an end to the bull market's 11-year run.

The blue chip index was down more than 1,300 points, or 5.5%, in afternoon trading. The S&P 500 and the Nasdaq were down more than 4.5% each.2008 amid fears that the growing spread of coronavirus would push the global economy into recession. Early Wednesday afternoon, the World Health Organization declared that the disease COVID-19, caused by coronavirus, is

 

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

Markets were overvalued when trump took office

TrumpRecession Trumpdemic

Now you can think Trump for the stock market. Thank you Obama for 11 years of a bull market run.

Lol more pics of traders touching their faces

Can we see Einstein hair guy slapping his forehead?

WINNING! Trump style...

Accept pandemic of Virus & we're totally unprepared.

seanspicer Or maybe cover this on your 'show.'

ETTD

Writing stock market articles must be the most bullshit job anyone can ever get.

The eternal cycle of Republicans creating a huge economic mess for Democrats to clean up continues.

a day after biden wins big look at that

TrumpResign

Lots going on in the world right now. Of course Trump will be blamed.

Guess folks shouldn't have 'bought on the dip.' Womp womp.

I’ve stopped contributing to my 401k, throwing my money directly into a fire at least produces heat and light.

Trumponomics fail

Coronavirus just the match for an already unstable volatile 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!

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:

 /  🏆 96. 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.

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
Source: NPR - 🏆 96. / 63 Read more »

Global stocks and oil mount a recovery while Dow futures gain 1,000 pointsDow futures gain 1,000 points after news of President Trump's plan to propose a payroll tax cut You yanks don't know what a diamond you have in President trump,he really is the peoples President. A payroll tax? With the infection you can't work what good is a payroll tax cut What Americans need I'd paid family leave if your infected. How about getting these test kits to States to test their citizens? How about funding for the costs associated with treatment? I think the market doesn’t know its ass from its elbow, is swinging from pillar to post, and has no idea what it should be doing. It just throws shit at the wall each day to see what sticks. Different wall tomorrow.
Source: CNN - 🏆 4. / 95 Read more »