Stocks plunged on Wednesday, reaching a new crisis low—below the levels they were at when Trump first took office—as the coronavirus pandemic continues to take a toll on markets and inflict damage to the U.S. economy.
The Dow Jones Industrial Average dropped 6.3%, nearly 2,000 points. The S&P 500 was down 5.2%—breaking below its low point during the Christmas 2018 sell-off, while the Nasdaq slid 4.7%. The Dow has nearly fallen below 19,827—the level it was at when Trump was inaugurated. That means that all of the stock market gains during Trump’s presidency—which he has often touted are as a result of his leadership—have almost been completelyconsecutive day where the S&P 500 swung more than 4% in either direction, which has never happened before—and the trend looks like it will continue.
As nervous investors grappled with the ongoing uncertainty from the coronavirus, billionaire investor Bill Ackmanon CNBC. “I’m sorry to say so, unless we take this option.”: Trading was halted after a “circuit breaker” mechanism was tripped up—for the fourth time in a week—by the S&P 500 falling more than 7%.that the Senate has obtained the votes to pass legislation extending paid leave and unemployment insurance for struggling Americans.
. Oil is now near an 18-year low as the coronavirus pandemic—and an ongoing price war between Saudi Arabia and Russia—continues to hurt both supply and demand.“Only in this market would a -5% session in the S&P 500 feel like a huge victory,” Vital Knowledge founder Adam Crisafulli said in a note on Wednesday.
skleb1234 No biggie realDonaldTrump will be there 4 more years.
skleb1234 Did I see WWE?
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Stock market news live: Stocks boosted by Trump coronavirus stimulus plans; Dow rockets over 1,000 pointsStocks jumped Tuesday, offering some respite from selling after Monday’s declines sent the Dow off by its largest percentage drop since Black Monday of 1987. I can’t until it drops double that again 😭
Herkunft: YahooNews - 🏆 380. / 59 Weiterlesen »
Asian stocks higher after Trump promise of virus aidBEIJING (AP) — Major Asian stock markets were higher Wednesday after Wall Street rebounded on President Donald Trump's promise of aid to get the U.S. economy through the coronavirus... Hey get your finger away from your mouth !!! Meanwhile, everyday Americans wondering how they're going to pay bills, rent or even eat during this crisis: Republicans love socialism.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »
Stocks jump after Trump promises to 'go big' on virus aidNEW YORK (AP) — Stocks are closing solidly higher after President Donald Trump promised he's “going big” with plans to blunt the economic pain caused by the coronavirus outbreak. The market got... It took 3.5 years for America to learn that Elections are not kids play, something you sitout on b/c you didn’t feel like voting! It has direct consequences on your life! America learned the hard way that Elections Have Consequences! Now, with that lesson learned, Vote on Nov 3! Cold comfort.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »
US STOCKS SNAPSHOT-Wall St extends recent sell-off, Dow erases 'Trump-bump'U.S. stocks deepen sell-off as Dow erases all gains made since Trump's inauguration MediaCrat scum I guess there will be less Teslas on the road this year. Shareholder-value And Bald-speculation Operating near-zero regulation eras ALWAYS result in shitshow markets. Humans are irrational under stress. Traders are 30x more irrational
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »
Stock market live updates: White House and Fed boost stocks, Dow up 1,000, Oil drops 6%Stocks attempted a rebound on Tuesday after the Dow and S&P 500's worst day since 1987 on Monday. GREAT let get gas down to a 1.50 gallon. WTI Member people who called a bottom like, well hundreds of millions of losses ago? For every bottom calling hero that is born from this, there is a path littered with corpses. I’m fine with not trying to be a hero.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Stock market live updates: Stocks rebound, Dow up 300, Regeneron speeds up drugStock market live updates: Stocks attempted a rebound from the worst day since 1987, with all 3 major averages opening in positive territory. MARKETS showing signs they do not trust this GOV to do the right thing. GOV need to eject confidence of what plans they have to deal with this not pushing more money into the markets. THERE 90 PERCENT CHANCE RIGHT now we are heading to a recession. SELL. THE. BOUNCE. And to you shorts: You will get massacred when this eventually rebounds on a one day rebound so STOP shorting! Great! The stock market did not tank again today. It is only 948am though and we have not heard the daily disinformation from Trump.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »