3:15 pm: Gundlach says 'things have to get worse' in the credit market
Stocks are slightly above their lows of the day as we begin the final hour of trading. The Dow is down more than 1900 points, or 7.4%, while the S&P 500 is down 7.2% and the Nasdaq Composite has fallen 6.6%. The Dow is currently on track for its biggest percentage loss since 2008. If the index closes down by more than 7.87%, it'll be the worst day since 1987.after tensions rose between Saudi Arabia and Russia over the weekend, prompting fears of an oversupply. U.S.
"We now expect a 50bp cut, in part because the bond market is already priced for a large move and the FOMC will likely be reluctant to risk further tightening in financial conditions by refusing to deliver. We are also penciling in a final 50bp cut at the April 28-29 meeting," Hatzius said.President Donald Trump said in a
briefly touched an all-time low of 0.318%. Low interest rates can hurt bank's net interest margins. —Stocks reopened after halting for 15 minutes following the S&P 500 hitting a threshold triggering the circuit breaker. The S&P 500 fell more 7%. The Dow Jones Industrial Average fell 1,980 points and the Nasdaq Composite fell 7.3%.
With no time stamp on the header thus is very misleading .
Thanks Trump! Er I mean Obama!
There, we halted the stock market with no major issues. Then why can’t we shut down the Florida cruise ports to slow the spread of corona?
Anyone have an idea about how much further a hit like this is supposed to go? Are we looking at DOW 20K?
Jesse Lauriston Livermore Favorite Plunge DJIA
Greed is good
aliwanas_ mostafawanass sa3dun
How the analysts anticipate the stocks recovery after Coronavirus? Sharp soar / mild soar or depends on .... ?
Mini Black Monday
Trump's legacy! Own it Dumpy Trumpy!
JE VOUS DEMANDE PARTAGER CET AUDIO SUR LA CRISE SANITAIRE/ECONOMIQUE JE RÉSUME TOUT EN 25 MINUTES AUDIO MICHAEL DEBREDA ------ 'CRASH 2020, GAME OVER'
Yup. You guys love the negativity. How about something positive. Anything
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