Stock market today: Live updates - CNN

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Stocks rebound, with the Dow jumping more than 800 points, after President Trump says he'll propose a payroll tax cut to ease burdens from the coronavirus fallout.

Markets are moving back up on Tuesday as some investors dip their toes back in.The BlackRock Investment Institute acknowledged Monday that the scale of market moves have been"reminiscent" of 2008. But the asset manager sees fundamental differences."The economy is on more solid footing and, importantly, the financial system is much more robust than it was going into the crisis of 2008.

Wall Street has been quick to note that banks are better capitalized this time around due to new regulations, and that debt levels, while high, are concentrated in less risky areas. Corporate debt, particularly in the energy sector, could pose a problem, but doesn't look"large enough to trigger a global crisis," Neil Shearing, group chief economist at Capital Economics, said Monday.

This should allow for a faster economic rebound after the coronavirus is brought under control."Fear can take [the market] lower, but expect [a] quick recovery when health threat recedes," former Goldman Sachs CEO Lloyd BlankfeinOne issue, however, is that governments and central banks were able to throw massive amounts of money at the problem in 2008. That may not be as effective this time around.

Central banks, meanwhile, have far less ammunition at their disposal, with interest rates already at or near historic lows. And there are concerns that monetary policy remedies take time to flow through the system.

 

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Xi would not be visiting Wuhan if COVID-19 were not under control there. This is the beginning of the end for this virus threat. 's in S. Korea collapsing as well.

CNN is trying to crash the markets with straight out lies to make The President look bad.

Again 2009

Did you have a seizure, CNN ?

Like it always does.

Boom! vaporized.

It will rebound and it's time you all stop the doom and gloom mentality that causes more danger than Coronavirus!

Hahaha giving it all back as the day goes by . Short sellers just covering themselves or fools thinking the market had hit the bottom

Bugger the markets.

The FBI has raided a healthcare business linked to Joe Biden's brother, James Court proceedings claim to have evidence that Biden has 'fraudulently transferred funds' to himself Will the media camp outside of Biden HQ and demand answers? RT so they can't ignore!

4)For confidence to return,listed companies WILL NEED to show its battle strategies against such. Lies & propaganda will fail. Only PRAGMATISM & truths,based upon scientific analysis nCOV2019,will help calm investors fears,to return to markets.

3)For sure,there will be those with huge funds who r hell-bent on 'shorting' the market for selfish unconscionable profits. How they do it is thru playing up unfounded &unsubtantiated panic & fears,to lead the herd into panic.nCOV2019

2)For Wall Street,it needs CONFIDENCE-that the listed companies have promise of better returns than other safer yields. In these dark times of battling not just nCOV2019,it'll have to battle with panic/fear too.

1)Wall Street r mainly for those who hv excess cash to play,look for better returns,but for Main Street biz & workers,it's about staying alive,nCOV2019 plodding along innovatively at whatever comes,as best as possible,to meet Humankind's needs-thus its survival.

And.....it's gone.

A patchwork fix...just like he ran his business, no long term ADVANCE planning, but they are just trying to keep up

Dead cat bounce

Trump answer is to give free money to American? Isn’t that socialism?

💯💯💯

Bargain hunters.

Stocks will continue to rebound after Super Tuesday with more Biden wins 😊🇺🇸

Great time to be a day trader

Tax cut not going to help much. Presser was for markets

You must be happy CNN

Hey um, this is not a rebound. If I’m in the ocean and I dive down 2000 feet and then swim back up 800 feet, it seems like that might not be the right time to declare victory.

And it will plunge again when he doesn't follow through.

That’s just Eric going all in and buying low.

That mean everybody will be able to pay for their own tests. Or?

Will be down by close

People don't fall for the lies,their paying into it, its all propaganda.

Rand Paul will vote against it

What time today will his 'dramatic' plan be announced. He said yesterday it would be announced today.

Wall street grifters are making tons of $ on these swings but NOT the rest of us.

so, if anything has changes w/ COVID-19 news in the past 24hrs, its only that it's becoming more clear that it will get worse. why has market been tanking up until now then?

What happens when the economic response fails to materialize? realDonaldTrump will say anything to boost his poll &stock market numbers.Lies; deceit. That’s all there is from realDonaldTrump & WhiteHouse.

Monday: Trump blames the media. Tuesday: Trump takes credit

One step forward, 2 steps back. My 401K loves that.

I’m guessing we may be in for a roller coaster ride.

And a BernieSurge ... this might be the beginning of a good thing. Oh, and GOP dickheads are quarantined!

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