'The panic mode is full on': Stocks plunge again as fears mount of a coronavirus pandemic | Markets Insider

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'The panic mode is full on': Stocks plunge again as fears mount of a coronavirus pandemic

down 3.6% at $45.40 a barrel anddropped below 1.2%.

Notably, the S&P 500 dropped 4.4% on Thursday — its steepest one-day percentage fall since August 2011 — and has slumped more than 12% in six trading days."The worst week for equities since 2008 surely beckons," Michael Every, senior Asia-Pacific strategist at RaboResearch, said in a research note. The market may be"entering the period of peak fear," Neil Wilson, chief market analyst for markets.com, said in a morning note."Blood is running in the streets."

 

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The panic is if you move supply chain away from China you find that all the other possibilities have worse epidemics.

Its not the virus thats causing all this, way more to do with different factors.

TheDonDavi Prolly why all of them major CEOs stepped down....

Who are withdrawing funds? Might help indicate how low this will go.

Buy the dip

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