Stocks Rebound After Dramatic Plunge Spurred By A Spike In Coronavirus Cases

Matt Comstock takes the temperature of a guest at Busch Gardens in Tampa, Fla., on Wednesday. A spike in coronavirus cases in Florida and other states raised concerns in financial markets.Matt Comstock takes the temperature of a guest at Busch Gardens in Tampa, Fla., on Wednesday. A spike in coronavirus cases in Florida and other states raised concerns in financial markets.

The Dow was up more than 700 points, or nearly 3%, in early trading Friday, and the S&P 500 gained about 2.5%. But by late morning, the Dow was up 326 points.The market's volatility comes as a number of states,, reported surges in new coronavirus cases, raising concerns that a second wave will trigger renewed lockdowns and stall an economic recovery. Florida reported nearly 1,700 new cases Thursday — the biggest jump since March.

The stock market does not have much to do with the vast majority of Americans currently under financial strain. We have to stop thinking about it as the final bellweather of where things are going.

When did the Dow become the major indicator of our economic temperature in this nation?

Any excuse to make a killing by letting the right people know when to buy low and trade high.

I don't care about any loss in stock points; I care about lives. A life that is lost due to corona does not rebound - ever.

the people who give a fuck about the DOW don't get their news from NPR

You guys are definitely not economists where do you your info Paul Krugman?

this is the volatility game and those who play it make money on the upside AND the downside. We have to stop relying on Stock Market manipulations to somehow be the barometer for the nation's economic health.

Dow falls 3,000 points then rises sharply by 500. Trumpers: 'THE ECONOMY IS STRONG!'

I’m so over the market. Acts like a 15-year-old teen with hormones. NOOOOO THE VIRUS. Ah sorry, everything is fine. NOOOO THE VIRUS AGAIN.

The stock market is reacting like our federal COVID-19 response: erratic, unreliable, and volatile. It would be entertaining if it weren’t so consequential.

Volatility. The stock market is being buoyed by historic liquidity. The underlying metrics of our economy are terrible.

might want to check again

Companies want to keep getting those welfare checks .. no reflection on the economy expect for those 5 major tech companies that were profitable during the pandemic & based on expectation gamble ..

It's almost as if they're dealing in order to solely make profit for themselves without any connection to what's going on in America.

Something's rotten.

Just to show how the stock market is disconnected from reality

It’s only going to get worse.

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