Dow Jones Has Worst Day Since 1987 Stock Market Crash

Major North American indexes continued to plunge Thursday as news of large-scale cancellations failed to ease investors’ concerns about the spread of the novel coronavirus pandemic.

Stock markets had been under pressure in recent weeks amid concerns about the spread of COVID-19, however losses picked up this week after Saudi Arabia moved to boost oil production in a price war with Russia.The market is trying to determine how much companies are worth, said Small. Trump announced travel restrictions on Europe that aim to limit the virus from spreading and hinted at plans for tax cuts and other economic relief, but did not provide details.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

What happens when stocks cross into a bear market?Wall Street's staggering skid that began less than three weeks ago has pulled the Dow Jones Industrial Average into what's known as a bear market. They cross into crash market soon.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »

Stocks stare down a bear market as investors rush for the exits in pandemic panicGoldman Sachs says the bull market is dying
Herkunft: nationalpost - 🏆 10. / 80 Weiterlesen »

TSX crosses into bear market territory after COVID-19 declared a pandemicCanada's main stock index crossed into bear market territory in the wake of the World Health Organization declaring the COVID-19 outbreak a pandemic. Shh Justin is looking for an appropriate outfit before addressing the nation.
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »