Dow Drops 2,100 Points: Stocks In Meltdown After Temporary Trading Halt

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The stock market has continued its relentless drop — moving deeper into bear territory — hours after President Trump announced a 30-day ban on travel from European countries to the U.S.

After weeks of turmoil over the economic toll of the coronavirus, U.S. stock indexes entered a bear market, signaling an end to their 11-year winning streak.After weeks of turmoil over the economic toll of the coronavirus, U.S. stock indexes entered a bear market, signaling an end to their 11-year winning streak.The stock market continued its relentless, breathtaking drop Thursday — moving deeper into bear territory — with major U.S. indexes sinking as much as 8%.

The Dow Jones Industrial Average was down more than 2,100 points, or 7.8%. The S&P 500 fell 7.5% and the Nasdaq was down 6.5%.Trump Suspends All Travel From Europe For 30 Days To Combat COVID-19 The market tumble came hours after President Trump announced a 30-day ban on travel from European countries to the United States.

Trump said it was an effort to stem the spread of the coronavirus, but the move caused confusion on both sides of the Atlantic andThursday's drop followed a nearly 6% percent plunge in the Dow on Wednesday, when the blue chip index

 

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trade futures started dropping in the middle of trump's oval office babbling.

The markets are punishing his chaotic mismanagement.

My question is an oblique tangent to the story: Who is the fellow with the grey hair and glasses in the middle of the picture? Whenever there's a top-of-the-fold picture of the trading floor, he is in it!

And the Trump meltdown in 1....2.... 3....who am I kidding it started two weeks ago

Seems like ... the bear market woke Sleepy Joe up.

It's down but its creating buying opportunities for smart long term investors

I mean you all know what the Corona virus is, its gonna either affect everyone or a cure found tomorrow, so why the panic?

Breathtaking, as in beautiful beyond descriptive language or should Bernie & AOC begin calling for iron lungs as a human right * skipping the annotation

Nothing to see. All is well.

We are in some deep shit for the next few years.

Is this from earlier this week?! Oh gosh!

It's going to be difficult for Trump to say: 'My speech last night...great...huge ratings...huge...some would say...really huge...hugest. I put everyone at ease...our country is calm. The markets...great...beautiful. It's going away. Don't worry. Be happy. Buy into the market'

ResignNowtrump TrumptheWorstPresidentEVER

TrumptheWorstPresidentEVER ResignNowtrump

Thanks tRump.

Why did Trump order AG Barr to investigate media for informing the public about the PLAGUE and call it a Democratic hoax. Trump is a missed opportunity. Pelosi, Schiff, Schumer and Nadler warned everyone of the consequences of not doing their job. “Impeach now.”

Thank you for the Einstein hair guy pic.

What made people think he was going to succeed when everything he has touched has failed. Now we all suffer. ResignNowtrump TrumptheWorstPresidentEVER

Weird that a unilateral decision that looks to cripple the airline industry is not well received by investors.

Stop spreading fear! We all need to work together! It’s the f’ckn MSM and dnc causing it! CNN msnbc washingtonpost StopSpreadingFear. worktogether

I'm thinking Donald Trump did not allay the fears of the market

It’s like trying to defend a 4 year old driving the family car. “Sure he wrecked it but he didn’t shht his pants this time!” When are these Republicans going to wake TF up!

Barack Obama, we need you right now.

Stocks entered bear market and will stay there for some time...!

realDonaldTrump really helped last night.

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