U.S. stocks traded firmly lower Thursday morning, after the European Central bank slashed its growth forecasts and pledged continued monetary support for its flagging economy. The Dow Jones Industrial Average DJIA, -0.94% was down 292 points, or 1.1%, at 25,380, the S&P 500 index [: SPX] was headed 1% lower at 2,745, while the Nasdaq Composite Index COMP, -0.86% shed 1% at 7,427, in early trade.
See Full Story Stocks slide as global growth concerns move to the fore Stocks retreat Thursday morning as investors weigh mounting evidence of slowing global growth. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Yes, people are selling off stocks, but guess who's waiting to buy them at the lowest price? Trump's rich crooked cronies!
It's starting
on track for its worst week Uh oh! in 2 1/2 months 😒