A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18, 2020.Markets were set to decline at the open on Monday as investors wait on an economic stimulus and rescue plan from the U.S. government to combat damage from the coronavirus.Sunday, sending equities downward. The Dow Jones Industrial Average futures dropped more than 500 points. S&P 500 futures were off by nearly 3%. Nasdaq 100 futures declined by 2.6%.
Last week, stocks suffered their biggest one-week decline since the financial crisis in 2008, with the S&P 500 dropping more than 13%. Those losses put the broad market average more than 32% below its record set on Feb. 19. —
Misleading headline.
That's because the democrats won't make a decision to pass a bill to help the economy, they will be the reason we fall into a great depression, there are so many out here already around where I live that have lost there jobs due to all this, and now we are getting false hopes.
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:
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.
As Dow wipes out over 3 years of stock-market gains, here’s a warning about calling the bottomSome investors might feel a strong temptation once the market finally shows some stability to declare that the lows are in. But some Wall Street veterans... Subtlety uninformative Microsoft had over 700% increase in On Demand Services & Teams just last week from work from home demand. Amazon can’t keep up w demand.Families can’t get laptops for home schooling bc sold out. Calling the bottom (or any sort of market timing prediction) is no better than gambling. Timing the market isn't a winning strategy.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock picks to buy as recession hits, 15 cheap cash-rich companies: GS - Business InsiderThe companies with the best balance sheets look cheap after a full decade out of the limelight, says David Kostin of Goldman Sachs.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why millennials may shrug at the stock market's troublesHere's why millennials might not care that the stock market is crashing. No do what out of control deflation will do their patents so that there is no longer a basement for them to live in. These shutdowns will ruin us. I and the millennials I work with absolutely care. We know we have time to make up for it but everything from 401Ks, to brokerage accounts, to 529s have been rocked. Zoomers
Source: CNBC - 🏆 12. / 72 Read more »