Wall Street stares down another bleak week, with coronavirus risks amplified

NEW YORK - Wall Street analysts and investment managers expect another rough week for U.S. markets due to coronavirus fears, with a wild open for futures on Sunday evening as lawmakers battled over an economic aid package in Washington.

“We need to get some stabilization in news flow before the markets turn,” said Carol Schleif, deputy chief investment officer at Abbot Downing. Several states have expanded their restrictions on business operations or non-essential movement by citizens in recent days. Nearly one in three Americans is now being ordered to stay home, with bustling cities such as New York and Las Vegas all but shut down.

The decline in economic activity will obviously have a severe impact on the U.S. economy and corporate profits, but market strategists and economists said it is difficult to predict just how severe.

where’s the “chosen one” to do his thing hahahahaha remember when he said that he’s was better than Jesus because he creates “job” ? he shouldn’t never open his mouth no millions of people will die soon with this coronavirus and the economy will never recover from this 👏🏽👏🏽👏🏽

Stepdaughter witnessed local convenience store robbery for food - not cash, beer, or lottery tickets - food. This is different. coronavirus COVIDー19

Good time for street repair. 😂💯

China should repay every cent of economic damage caused to the world by the arrest of Doctor LiWenliang . Until that point, we should NOT continue to trade with them, for any reason. No more MadeInChina.

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