U.S. Stocks Drop at Opening on Coronavirus Fears

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The Dow industrials fell more than 500 points as concerns mounted over the viral outbreak in China and its potential economic impact

U.S. stock indexes fell at Monday’s opening on concerns about China’s viral outbreak, as the detection of infected patients in the U.S., Australia and France led to escalating concerns about its containment and potential economic impact.

The Dow Jones Industrial Average was down 427 points, or 1.47%. The S&P 500 fell 52 points, or 1.57%, and the Nasdaq Composite was down 197 points, or 2.11%. In Europe, the Stoxx Europe 600 retreated 2.2%, led by declines in the U.K. and France. The Chinese yuan slumped 0.8% against the...

 

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Any of this impeachment related ?

Now, I am just a Software Engineer not a Financial Analyst, but this just goes to the old proverb-'Don't put all your eggs in one basket'. With China and the coronavirus outbreak, Business should be more diverse. Spread to other Countries to minimize risk!

Yes on our system although the China 300 has had a bad day it's still in buy on our system. See chart. Key 'above the cloud 'in Buy' below 'in Sell' fintwit Cornavirus

5 days ago, Trump said, “We have it totally under control. It's one person coming in from China. It’s going to be just fine.” Coronavirus Dow

Private and Government debt is astronomical . All the people that die of this virus will not be paying a lifetime of taxes . Government Bankruptcy . Dead people don’t pay off their credit cards and loans . Corporate Bankruptcies . This could crash the markets globally .

Green shoots by the close.

Long term investors have zero concerns. Traders and weak sisters are of course running for the exits.

money is no fun when one is dying.

Nobody thinks that preventing the Chinese to leave China for sometime,allowing the threat to subside, could be a good measure to avoid a global epidemic and thousands of posible deaths? Just a thought!🤔

If this is the case, that means the markets put too many eggs in one basket?

Catch a cold and the markets shift. Hundreds of thousands sadly die of flu every - the markets will be back. The newspaper headlines make this out to be like the contagion movie. Life will go on ...

Or just fear. Momentary market craziness.

It has a lot to do with the Bolton revelation as well.

상호주작相互做作 열병 음성판정 대깨문 병력病歷 =❌처분 초비상 로봇은 대상이 아님 Robot is not a target 주변정리 잘하는 법 감투보다 빛날 책임감 / 재창달 No 화마보수도륙 여적발악뱅이니 Yes 불 매 질

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