Stock market news today: Dow, S&P fall amid COVID-19 death projections - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Dow plunges 974 points after Trump warns of 'painful' times to come and a 'shocking' coronavirus death toll

'Buy these 14 stocks flush with the cash reserves to survive a prolonged coronavirus crisis, BTIG says

Investor sentiment is falling as the impact of the coronavirus pandemic is "maybe starting to hit home for people that had been hoping for better news," Liz Ann Sonders, chief investment strategist at Charles Schwab, told Markets Insider in an interview. , slipping more than 23%. Both the Dow and the S&P 500 also posted their worst monthly returns since the depth of the financial crisis in October 2008, falling 14% and 13% in March..

. It was the first time since 2017 the report had shown job losses, signaling that coronavirus-induced layoffs began before state lockdowns and widespread social-distancing measures increased in mid-to-late March.

Investors will also be watching for jobless claims data Thursday, and the March jobs report Friday for further clues of economic fallout. Economists are expecting that Thursday'sDo you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is impacting businesses.

 

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

Investors are ridiculous. I’m beginning to think Trump shorted the market & profits every time he opens his mouth & it falls. STF up already Trump. 👁’m staying invested.

I'd suggest he's overstating the figure so he can look the hero when it's thousands less.

Maybe Trump isn't as smart (or honest) as he pretends to be...

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:

 /  🏆 729. 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 Monday: Dow rises nearly 700, J&J vaccine hope, oil 18-year low“We are going to have bankruptcies, and bankruptcies unfortunately destroy the capital structure completely,” Allianz’s Mohamed El-Erian said this morning. “It is a very selective game right now, rather than calling the all clear and going in for indices.” Joe should probably consider a shirt neck size a little bigger. He looks like a tick about to pop. elerianm thank you for your information. Stay safe👍🏻 Cross your fingers that the corporate bailouts and small business loans have enough juice to June stevenmnuchin1
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow down 800, second quarter begins, Trump's warningWe spoke with 4 market pros on what they’re watching, as stocks dropped today and coronavirus fears intensified. Follow along with the latest stock market updates here: Wake up fella, there are NO market pros, otherwise they would have seen this coming and liquidated their holdings. These so-called pros are like addicts to the bullshit they spew from their pie-holes. Just shut up already.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow down 900, second quarter begins, Trump's warningA conversation of everything moving markets on Wednesday, including President Donald Trump's latest comments on the coronavirus outbreak.
Source: CNBC - 🏆 12. / 72 Read more »