The stock market plunged on Wednesday, with the Dow Jones Industrial Average sliding more than 1,400 points—officially entering a bear market for the first time since the 2008 financial crisis—after the World Health Organization declared the coronavirus outbreak a global pandemic.
Markets started the day in the red, as investors nervously awaited more details on the Trump administration’s Earlier this week, following Monday’s historically brutal sell-off, stocks rallied briefly on Tuesday when President Trump promised “major”to address the fallout from the coronavirus outbreak—but doubts remained over a lack of specific details and an unclear timeline.
skleb1234 None of this media-driven hysteria was present for Swine Flu in 2009 or Sars before that-or even the regular seasonal flu 2019/20 that struck & killed far more-including children. Who's making 'money' from this 'created' market shock of sharp highs one day & sharp downs next?
skleb1234 It's just structured paper. Keep an eye on who controls the real value in this country.
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Here We Go Again: Dow Dives As Stocks Near A Bear MarketThe Dow Jones Industrial Average fell sharply again Wednesday after staging a rally a day earlier. Major indexes were down around 20% from their peaks in February, signaling an end to the bull 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!
Source: NPR - 🏆 96. / 63 Read more »
Dow Dives 1,400 Points, Entering Bear Market, As Coronavirus Fears GrowMajor stock indexes were down around 20% from their peaks in February, signaling an end to the 11-year bull market as investors fear the worst about the coronavirus pandemic. Hey.. Sparky Pants realDonaldTrump Wall Street for all intent and purpose has lost confidence in this Administration. Lies, bravado, disinformation, misinformation and incompetence could only get you this far. When life, health and safety are of concern, politics end. November 3rd couldn’t come any sooner. Another FakeNews success. Thanks to corporate media yellow journalism.
Source: NPR - 🏆 96. / 63 Read more »
Dow closes in a bear marketThe stock market's roller coaster week continues as investors continue to worry about the coronavirus outbreak. Go here for the latest updates on the Dow, S&P 500, companies and more. Sheesh unreal but hate to say finally people will be able to buy low and have real gains if it breeze over Thanks CHINA.
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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 »