A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, March 25, 2020. Shares have advanced in Asia after the Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus.
Congress and the White House did announce an agreement early Wednesday, with the Senate possibly voting on it in the afternoon. Investors were anxiously waiting for this kind of aid, which will help blunt the blow to the economy as businesses shut down to slow the spread of the coronavirus. For most people, the new coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia and death.
But the market has also had a couple days within the last few days that packed entire years’ worth of losses, including two days down 10.4%.The S&P 500 was down 1.4%, as of 10 a.m. Eastern time. Within the first 30 minutes of trading it was up as much as 2.2% and down as much as 0.7%. The Dow was off 140 points, or 0.8%.
It seems that it’s easier to print dollars than it is to make toilet paper.
One day at a time 🇺🇸
that's good, but you can not stop the corona virus with it.
Please don't let this confuse you. The market will stay volatile as this pandemic continues. No sigh of relief. No time for it.
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