Stocks Fall as Coronavirus Infections Surge

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Stocks suffered their steepest losses in two weeks, with the Dow falling about 700 points, or 2.7%. The S&P 500 and Nasdaq also fell more than 2%.

Stocks tumbled Wednesday as pockets of coronavirus infections emerged around the U.S., intensifying fears that officials would have to reinstate lockdown measures.

New coronavirus cases have jumped in several states, with Arizona, Texas and California reporting daily records for infections Tuesday. Texas Gov. Greg Abbott and Florida Gov. Ron DeSantis said they would step up enforcement of social-distancing guidelines. California Gov. Gavin Newsom said earlier this week that the surge in cases could force the state to implement...

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 /  🏆 98. in NG
 

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Yeah that's great business because you short on the way down and who's holding the inventory for the short sales Pension funds, unions, you know, everyday blue collar workers

If the COVID 19 pandemic continues to hit our country and the number of sick people and hospitalizations rate continue to increase the stock market will dive to the low 19,000. We all need to work together to control this pandemic by been smart, diligent and respecting our peers.

fintwit_news 'Stocks fall as FED stimulus dries up and circulates out of the market...' fixed.

They will have to shot down again in 2-3 weeks after NY will start to spike again after reopening, if you don’t get it to zero or isolate the positive you won’t be able to open safely

Meh. A pullback was inevitable. Another great buying oppty. That vaccine is coming.

Right wing populist government. Incompetent leader. Low respect for human life. Ignorant supporters. Religious nuts. This is the result.

Heckuvajob, Trumpie!

I predict a sharp upturn around November 2nd, when the virus miraculously disappears.

Why you only report Down days ? We see your BIAS. SIT TF DOWN

My summer vacation in the Hampton’s is CANCELLED

Must be because of the all the Democrats and antifa

Ignore covid at your peril.

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U.S. Stocks Fall as Coronavirus Infections SurgeSeveral states reported new daily records of infections, adding to concerns about a second wave of cases around the world that could lead to renewed restrictions on business activity. Fed policy has made the recession/depression worse. They used 2008 playbook for 2020 crisis. Here it comes. Yeah, I wonder where the second wave is coming from? Here's a map of protests about 3 weeks ago. Vaccine is just months away. Buying oppty.
Source: WSJ - 🏆 98. / 63 Read more »

Asian stocks under pressure after spike in coronavirus casesAsian stocks were expected to come under pressure on Wednesday, as a spike in new coronavirus infections weighed on sentiment, although U.S. assurances that the China trade deal was intact and upbeat economic data provided some reasons for optimism. China is not Asia. It is One China, a different place. Laurie_Garrett It is difficult to understand, but 'the price' of the covid is already assumed in the current price of the shares. Laurie_Garrett January Redub.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks open lower on Wall Street as coronavirus cases surgeStocks are opening lower on Wall Street as investors are discouraged to see a surge in new coronavirus cases in the U.S. to their highest level in two months. The S&P 500 fell 0.6% in early... Who saw this coming? Oh yeah: everyone. Everyone saw this coming. The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.
Source: AP - 🏆 728. / 51 Read more »

Stocks slide lower on Wall Street as coronavirus cases surgeStocks are moving sharply lower on Wall Street after new coronavirus cases in the U.S. hit their highest level in two months Close the Southern border...🤯 WadaJP またドル円101の世界が来ると良いのですが。 The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump
Source: ABC - 🏆 471. / 51 Read more »