Stock market live updates: Stocks post major losses, Dow's worst point loss ever, Oil tanks 24%

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks got hit hard today, as the sell-off temporarily halted trading earlier today. Every index closed more than 7% down, with the Dow dropping more than 2,000 points.

3:15 pm: Gundlach says 'things have to get worse' in the credit market

Stocks are slightly above their lows of the day as we begin the final hour of trading. The Dow is down more than 1900 points, or 7.4%, while the S&P 500 is down 7.2% and the Nasdaq Composite has fallen 6.6%. The Dow is currently on track for its biggest percentage loss since 2008. If the index closes down by more than 7.87%, it'll be the worst day since 1987.after tensions rose between Saudi Arabia and Russia over the weekend, prompting fears of an oversupply. U.S.

"We now expect a 50bp cut, in part because the bond market is already priced for a large move and the FOMC will likely be reluctant to risk further tightening in financial conditions by refusing to deliver. We are also penciling in a final 50bp cut at the April 28-29 meeting," Hatzius said.President Donald Trump said in a

briefly touched an all-time low of 0.318%. Low interest rates can hurt bank's net interest margins. —Stocks reopened after halting for 15 minutes following the S&P 500 hitting a threshold triggering the circuit breaker. The S&P 500 fell more 7%. The Dow Jones Industrial Average fell 1,980 points and the Nasdaq Composite fell 7.3%.

 

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

With no time stamp on the header thus is very misleading .

Thanks Trump! Er I mean Obama!

There, we halted the stock market with no major issues. Then why can’t we shut down the Florida cruise ports to slow the spread of corona?

Anyone have an idea about how much further a hit like this is supposed to go? Are we looking at DOW 20K?

Jesse Lauriston Livermore Favorite Plunge DJIA

Greed is good

aliwanas_ mostafawanass sa3dun

How the analysts anticipate the stocks recovery after Coronavirus? Sharp soar / mild soar or depends on .... ?

Mini Black Monday

Trump's legacy! Own it Dumpy Trumpy!

JE VOUS DEMANDE PARTAGER CET AUDIO SUR LA CRISE SANITAIRE/ECONOMIQUE JE RÉSUME TOUT EN 25 MINUTES AUDIO MICHAEL DEBREDA ------ 'CRASH 2020, GAME OVER'

Yup. You guys love the negativity. How about something positive. Anything

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:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Stock market live updates: Stocks reopen after halting, Dow down 1,800Stock market live updates: Shares of bank stocks are suffering amid a collapse in bond yields. Shares of Citigroup are down more than 10%, JPMorgan lost 9%, Goldman Sachs fell 8% and Bank of American dropped 8%. Market 'Halted?' Isn't this Socialistic Interference in Free Market Capitalism? Allow the 'Invisible Hand' of Capitalism do it's MAGIC! Or Damage! it's not a pandemic, it a media-driven panic Manny6Manny It's time to use that XRP on demand liquidity to unlock dormant capital in the nostro/vostro.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Trump blames oil price war as Dow falls 1,500 pointsThis is shaping up to be the biggest overnight loss of wealth since the financial crisis. Billionaires including Jeff Bezos and Elon Musk have lost billions of dollars last night alone. they did not lose it, they are down this much.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market news live: Oil crashes, stock futures crater on coronavirus, crude war fearsThe world’s faltering effort to contain the coronavirus outbreak hammered stock and oil futures on Sunday, which indicated a sharply lower open on Wall Street. Yes, our wonderful Saudi Friends. Also good at killing Yemen Civilians
Source: YahooNews - 🏆 380. / 59 Read more »