Stocks fall as Dow books biggest monthly drop since March as COVID cases rise

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks pared losses but still closed lower on Friday to end an ugly week on a down note, with the Dow Jones Industrial Average booking its biggest monthly drop since March as investors reacted to rising COVID-19 cases in the U.S. and Europe.

Nervousness ahead of Tuesday's presidential election -- and the potential for an unclear or contested outcome -- was also seen contributing to increased volatility, analysts said, with all three major indexes seeing their biggest weekly declines since the worst of the pandemic-inspired selloff in March. The Dow DJIA, -0.59% fell around 157 points, or 0.

6%, to end near 26,502, according to preliminary figures, while the S&P 500 SPX, -1.21% lost around 40 points, or 1.2%, to finish near 3,270 and the Nasdaq Composite COMP, -2.45% gave up around 274 points, or 2.4%, closing near 10,912. The S&P 500 ended the week down 5.6% and fell 2.8% for the month, while the Dow booked a 6.5% weekly fall and a 4.6% monthly drop. Friday's decline saw the Nasdaq turn negative for the month, falling 2.3%. The index was down 5.5% for the week.

 

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

Phase II has begun. Stock your bog rolls.

Trump is to blame!

Fake News: It’s doing the Best in History!!!

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:

 /  🏆 3. 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.

Stocks to buy, 6 Halloween food makers to profit during COVID-19: BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nice
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market live updates: Stocks fall, Dow down 7% this week, Apple and Amazon slideThis is CNBC's markets live blog that will be updated throughout the day. Soviet Communism, at its WORST was exponentially superior to this Capitalist system. PoliceState SoupLines DebtorsPrisin SlaveLabor homelessness Pandemic ChildMortality pedophelia Jp Morgan and goldman are selling all before elections. Take care . No stimuli . Possible january 2021 Never mind new re-elected President will settle it ! He is Super Hero !
Source: CNBC - 🏆 12. / 72 Read more »

This Is The Worst Week For Stocks Since March, With Four Days Left Before The ElectionThis is the worst week for stocks since March, with 4 days left before the election: KILLING IT OnceUponATime GO GE To be expected. HODL and buy $BTC. Lost $5k in value this week. They are pricing in Biden’s win
Source: Forbes - 🏆 394. / 53 Read more »

Stocks just wrapped up their worst week since MarchIt has been a messy week for the stock market. With only four days to go until Election Day, rising Covid-19 infections and uncertainty about further government stimulus to help the economy, there's plenty for investors to worry about. when Trump is President he’ll fix the economy and the stock market. Just round the corner. It’ll be a miracle. Unsolicited Advice: Buy Low and Relax. Make America great again
Source: cnnbrk - 🏆 393. / 55 Read more »

Global stocks limp higher after Wall Street indexes crashed the most since June, but tougher COVID-19 rules in Europe and the US election cap gains | Markets InsiderEducation Minister Dan Tehan wants micro-credentials to be a permanent fixture for Australian education system $OLL STOCKHEAD GROWTH OpenLearning Top ASX Stock Picks for October🚀 CEO Adam Brimo explains all about the new fantastic financial news happening now with, OpenLearning ASX: $OLL Chart's and more for $OLL🚀 OpenLearning Stock Forecast, 'OLL' Share Price Prediction Charts
Source: BusinessInsider - 🏆 729. / 51 Read more »

As the Dow enters a correction, two market analysts break down the moveThe Dow entered a correction, falling more than 10 percent from its February peak. Here's what traders Gina Sanchez and Todd Gordon recommend. The US is entering a correction. It’s called getting Trump out of office. Sellllll!!! Buy moreee stocks 💩💩💩💩💩
Source: CNBC - 🏆 12. / 72 Read more »