Dow Falls 200 Points, Stocks Slip Worldwide As Covid Variants Strain Sentiment Amid Unclear Stimulus Timing

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“The political reality of Washington is starting to impact markets,' says one Wall Street observer.

Despite blowout fourth-quarter earnings still pouring in, stocks are falling Friday as unclear timing on fiscal stimulus under the new administration begins to rattle sentiment amid a worsening pandemic outlook that's also crippling markets around the world. Key Facts

Heading up losses in both the Dow and S&P, shares of software giant IBM are plunging 8% after a post-market earnings report Thursday that fell short of analyst expectations. Energy firms are vastly underperforming the broader market, with Occidental Petroleum, TechnipFMC and Devon Energy falling 5%, 4.6% and 4%, respectively, as a worsening pandemic outlook continues to hit oil prices.

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Some of y’all left your 401k sitting in stocks too long and weren’t paying attention. I moved mine to save what’s there instead of maximizing by leaving it put. The warning signs were there and this is just the beginning. Just wait for the next stimulus pkg to go out...

Right, the COVID strain.

..and you show a pic of Biden becauuusssee?

O now you can blame COVID variants and not the president. O wow! God bless president Donald John Trump🤍

Here we go again... Damn you USA for voting this loser😳😳🙉another global recession looming

Wasn't it Eminem who said, 'Snap back to reality, ope there goes gravity'?

Stocks are down bc of Iranian nutcase leader being kicked off Twitter this morning. He tweeted that DJT should be taken out w pic of him on a golf course. Says their general must be avenged. It’s getting weird out there.

Why was Trump banned?

Is the COVID variants or is it that Biden is president?

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Dow falls over 300 points early Tuesday as tech stocks get slammed amid renewed inflation fearsU.S. stock benchmarks opened solidly lower Tuesday, with inflation worries seen keeping pressure on previously highflying tech stocks. The Dow Jones... In light of the speculative euphoria investors have enjoyed since the start of the year, a selloff isn't a surprising event. lawsuits are a joke shorts are over-leveraged if we move the spread they blow up who wants poultry let's devour these vultures $SQBG target 🎯500
Source: MarketWatch - 🏆 3. / 97 Read more »