Stock market news today: Dow sinks as Fed actions fail to calm nerves - Business Insider

. The central bank also said that it will increase bond holdings by $700 billion and reduce reserve ratio requirement ratios to 0%. Other central banks around the world responded with similar actions.

"The Fed has thrown most its weight behind this move, offering almost everything it has to give, which raises the inevitable question – if this doesn't work, what will?" Seema Shah, chief strategist at Principal Global Investors, said to Business Insider. She added: "Even if the Fed is able to put a floor under markets, asset prices are unlikely to begin recovering until coronavirus spread plateaus.

beginning to price in the end of the world..🌋

They should probably put money into healthcare, hospital beds, supplies you know stuff to help people.

It will go to 0

Me: *waiting for realDonaldTrump tweet taking credit for it

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market outlook: Save cash for stock shopping list - Business InsiderMaking a detailed 'shopping list of stocks' will help investors avoid panic selling during the coronavirus outbreak, strategist Rich Steinberg said. We used all of that cash for toilet paper. I guess we weren't brave enough ghosts this time. Maybe next crisis!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%A conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. Third time's the charm? cricket chirps* What happened to the free market? Oh no supply and demand is doing something the capitalists don't like, shut it off! This shit is all fake
Source: CNBC - 🏆 12. / 72 Read more »