Markets were totally calm. Then stocks fell off a cliff

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It was shaping up to be a quiet day on Wall Street. Then around midday, stocks sold off sharply and investors scrambled. At its worst, the Dow was off by 388 points, with all three major stock indexes sharply in the red.

At its worst, the Dow was off by 388 points, with all three major stock indexes sharply in the red. The drop in stocks followed a dip in Treasury bond yields, which move opposite to prices, and implied that investor appetite for safe haven bonds was high.Still, investors scrambled to make sense of it. The dramatic selloff only lasted a short while and was followed by a swift rebound. The Dow was last down only 0.6%.

Read MoreThis could be seen in price action in tech and semiconductor stocks, which led losses in the S&P 500 . Shares of Advanced Micro Devices , for example, were down 3%.The tech-heavy Nasdaq Composite fell more than the most the major indexes, and remained 1% lower even has stocks rebounded.While worries about the outbreak's fallout weighed on the technology sector, comments made by Federal Reserve Vice Chairman Richard Clarida didn't make things better.

 

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Coronavirus escalations distract from strong economic data

You really do hate the United States don't you CNN... -128.5. is the real number. It will go back up tomorrow stupid...

djmincey11 Is the market being manipulated? I just don't know what to believe anymore.

realdonaldtrump Here comes your TRILLIONS in tax cuts to the wealthy starting a recession B/C of the HUGE deficit it caused. trump wants to cut SS & Medicare to help pay for this. Robbing the poor & giving to the rich is the Republican way.

So orange turd isn't gonna take responsibility for this? He sure does like to brag when the market does good and takes credit.

.Closer the elections get more negative things are likely to happen in USA. Trump is the second person to have won against the wishes of the establishment, after Kennedy. Let us see who wins this time; establishment or peoples choice

I’m sorry, but this is so poorly written. Why isn’t there a date listed in the first paragraph? Do you expect all members of your audience to read minds?

The rich think they'll farrows, pit it in a pyramid along with the servants and they will have the money and servants in the afterlife ask Trump he thinks so.

Wait until Bernie is elected for the REAL stock bloodbath

Whoa,,,,,we all give a fuck,,,,,NOT!!

🤔 i feel a big scam coming 😂

Wow

You can’t even report numbers without lying about a scare tactic 😝😝😝😝

'Markets were totally calm' ... that sounds like the beginning of some grade A fakenews.

U make it sound like its tanking The Market is so high that percentage wise it’s nothing

Then Donald call 111 for the 1% club in to action and they bought it all back

Ever hear of the Corona virus you dolts? You have no idea how anything works, do you!

Better go check to see if the President is blaiming the fed again

Why?

Sell Sell Sell 🍻

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