Growing fears of a second wave of coronavirus infections sent the stock market tumbling Thursday, pulling the Dow Jones Industrial Average down more than 1,800 points, its worst day since March.
For months, investors have been betting the U.S. and other countries will be able to reopen their economies without seeing a surge in coronavirus cases that might force them to backtrack. Stocks have risen accordingly, with the S&P 500 turning positive for the year as recently as Monday.
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Stocks fall sharply on Wall Street as investors turn jitteryBREAKING: Dow Jones plunges more than 1,500 points as optimism that the reopening of businesses would drive a relatively quick economic recovery fades amid rising coronavirus cases in some U.S. states. TrumpRecession is here to stay It is absurdly stupid for people who can see and read that there was any optimism. The stock market and those who drive it are just greedy toddlers with amnesia. That's the way the cookie crumbles
Source: ABC - 🏆 471. / 51 Read more »
Stocks fall sharply on Wall Street as investors turn jitteryStocks open sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections. It must be stressful knowing the Fed will do literally anything to make sure you don't lose any money whatsoever. Hey Eric Trump... NO bragging ?
Source: latimes - 🏆 11. / 82 Read more »
New unemployment claims rise by 1.5 million as stocks drop sharply on new coronavirus case concerns1.5M Americans filed initial unemployment claims last week, bringing the total number of claims during the coronavirus pandemic to more than 44M. Democrats are gleeful with all of this unemployment. Initial unemployment claims still seem to be substantially high but the jobs report showed a decrease in unemployment and job creation of 2.5M. Something seems fishy with that report.
Source: NBCNews - 🏆 10. / 86 Read more »
Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries. The S&P 500 was down... QUICK! BrianKarem Check which trump staffers are dumping stocks- or buying. Attn GovRonDeSantis Increased Testing...
Source: AP - 🏆 728. / 51 Read more »
Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries And the clowns at ABC cheer. Has no masks caused protest and riots by the “left wing” of the Democrat Party? How is this shocking news to anyone? Virus isn’t going anywhere. Until we get the virus under control (like NZ) the economy won’t recover. Success in managing Covid is inextricably linked to the success of US economic recovery. Powell said that & it’s just plain common sense.
Source: ABC - 🏆 471. / 51 Read more »
Stocks close mostly lower, even as Nasdaq tops 10,000 pointsU.S. stock indexes were mostly lower Wednesday afternoon in choppy trading after the Federal Reserve said it expects to keep interest rates low through 2022 and keep up its bond purchases. In other words, the Fed doesn't see an economic recovery through 2022.
Source: USATODAY - 🏆 100. / 63 Read more »