, whose falling share price has been giving parent company National Amusements some angst, shed 3.5%. Ratings agency S&P Global put NAI on negative credit watch yesterday because it uses ViacomCBS stock as loan collateral.The nightmarish march of cancellations across the industry continued from NAB to live NewFront presentations by Twitter and YouTube to production of the latest season ofTwitter was down a hefty 8.8%. Google parent Alphabet was down 5%. Facebook fell 4.
The World Health Organization can take at least partial credit. Around midday it officially designated the coronavirus outbreak a pandemic, present in over 100 countries with 100,000 infected. The Bank of England followed the Fed with a major interest rate cut saying, “Indicators of financial market uncertainty have reached extreme levels.”
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Stocks plummet amid coronavirus fears and oil-price crashTamer Fakahany has been helping to lead the AP’s global news report for 15 years. You can now get his guide to the latest news delivered to your inbox each day. SUBSCRIBE to AP Morning Wire:
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Stocks plummet amid coronavirus fears and oil-price crashTamer Fakahany has been helping to lead the AP’s global news report for 15 years. You can now get his guide to the latest news delivered to your inbox each day. SUBSCRIBE to AP Morning Wire:
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Best stocks to buy for post-coronavirus, oil crash rebound: Jim Rogers - Business InsiderJim Rogers, the famed investor who earned a 4,200% return with George Soros, told us the best 2 assets to buy for profits after a 'total collapse' in markets
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Stock market live Monday: Stocks post major losses, Dow's worst point drop ever, Oil tanks 24%Why did bank stocks plunge so low today? It has to do with what yields are doing. WilfredFrost breaks it down. WilfredFrost 🤣🤣🤣🤣🤣🤣🤣😂😂🤑🤑, they going to need us Bail them out Again ? WilfredFrost What an effing joke. The oil market and all other sectors is symptoms of this coronavirus, but mostly about failed leadership. The raids on TP (etc) proves the point. You guys pollute the info market while you take as many gains as you can between the dips. Go to hell. Thoughts and prayers elonmusk
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