U.S. stocks fell in early trading Monday as investors questioned whether fresh outbreaks of the coronavirus could hold back the global economic recovery.
The Dow Jones Industrial Average dropped 2.9%, or about 750 points, while the S&P 500 receded 2.4% and the Nasdaq Composite Index fell 1.8%. In Europe, the pan-continental Stoxx Europe 600 dropped 1%. Stocks in Asia closed lower, with the Japanese Nikkei Stock Average down nearly 3.5%.
That is what happens when you don't listen and use your comman sense.
Easy does it should have been implemented instead of the rush to reopen.
The political manipulations aren't even vague anymore.
Not sure why investors haven’t been worried with the global economic and social unrest. I guess only time will tell but Mr. Buffett saying he doesn’t know if he has enough cash makes me think this is worse than I can imagine or there is more buying opportunities in the future.
There is no outbreak nor a 'spike'. Based upon data from Johns Hopkins (7-day rolling avg.) on test results: May 1: % positive rate = 11.5% May 15: % positive rate = 7% June 1: % positive rate = 5.2% June 12: % positive rate = 4.6%
Short term market gains do not reflect earnings but daily gambling on Market volatility (computer trading) Stock buybacks ($2 trillion) paid for with tax cut borrowed money increased share value w/o growth and earnings valuations. All that borrowed money is lost!wallstreet
it is already a reality. Second rising wave. Imminent closure in the economies of China and the US. Better to tell the truth, the economy will be damaged again, but it is rebuilt with living people and families. Close now, otherwise it will be a second worst fall.
Wonder who is pushing that narrative? As 800,000 request tickets to a Trump rally, screams of a second wave and more possible lockdowns. The people see through it yet stock market cannot?
It’s not holding anything because nobody is listening to these idiots anymore
Surely priced in? The market can’t be so dumb not to expect another outbreak in autumn? ... let’s see COVID19
Wait so the DOW futures predicts how quickly we will recover? Hence “futures” I thought it was disconnected from reality?
Strange photo. I don't think the Dow fell on fears of a rise in cases in China... What are you trying to say?
Translation: the Fed hasn’t been printing money fast enough to keep up with all of Wall Streets looting
trumpy making America just so fucking GREAT!
China fucked the economy, holiday plans and everything.
False flag, just like the 1st time.
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Asian stocks, oil sell off on second wave fearsAsian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens. yo Reuters know who’s especially burdened by fear right now? Interpol Agent O’Smiley, who’s sadly having marriage troubles in this episode of CasinoLizard Art VideoArt FilmNoir Noir Cinema CinemaNoir ArtCanLikeChangeTheWorld Second wave my arse. Stop peddling lies. We are a little over two weeks from Memorial Day and sure enough we are getting a new wave - spikes, surges - whatever you want to call it. This is the overlap period between the first wave and second wave which experts predicted. WearAMask Be safe.
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