in an effort to curb the spread of the coronavirus. Due to the ongoing uncertainty surrounding the long-term impact of the virus, the retailer also suspended its 2020 earnings outlook. Nordstrom said it has experienced "a broad-based deceleration in customer demand over the past couple of weeks, particularly in markets most affected by the virus." The stock has lost more than half its value this year, after shedding 58%. Shares were flat during Tuesday's premarket trading.
heading into Tuesday's open on Wall Street, casting doubt on the reliability of pre-market trading as an indicator of where things stand. Futures overnight were "limit up" at one point a situation where trading is halted because they have hit a 5% gain and can go no higher. However, shortly before 6:30 am markets turned around and were negative at one point. They then shot higher again shortly after and most recently pointed to a big gain.
it is speeding up its timeline for its coronavirus drug, with potential to run trials by the early summer. The antibody-based therapy has the potential to be preventative from the virus as well as treat active cases. Share of the biotechnology company rose more than 13% in premarket trading on Tuesday. —Stock futures pointed to a bounce on Tuesday following the Dow Jones Industrial average's third-worst day in history. Theindicated an implied open of more than 600 points.
The rebound comes after the Dow and S&P 500 experienced their worst day since the "Black Monday" crash of 1987 despite the Federal Reserve's rate cut and easing actions. The Dow lost nearly 13%, its third worst one-day percentage drop in history. The S&P 500 lost 12%. The Nasdaq Composite had its biggest one-day plunge ever, tumbling 12.3%. —for exclusive insights and analysis, and live business day programming from around the world.
Great! The stock market did not tank again today. It is only 948am though and we have not heard the daily disinformation from Trump.
SELL. THE. BOUNCE. And to you shorts: You will get massacred when this eventually rebounds on a one day rebound so STOP shorting!
MARKETS showing signs they do not trust this GOV to do the right thing. GOV need to eject confidence of what plans they have to deal with this not pushing more money into the markets. THERE 90 PERCENT CHANCE RIGHT now we are heading to a recession.
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Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%A conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. Third time's the charm? cricket chirps* What happened to the free market? Oh no supply and demand is doing something the capitalists don't like, shut it off! This shit is all fake
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Stock market news today: Dow sinks as Fed actions fail to calm nerves - Business InsiderUS stock trading was halted within minutes after sharp selling at the open. Sharp losses persisted after trading resumed. Me: *waiting for realDonaldTrump tweet taking credit for it It will go to 0 They should probably put money into healthcare, hospital beds, supplies you know stuff to help people.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Coronavirus Updates: Dow, Stocks Drop; Airlines Seek Aid; Business and School Closures Across U.S. - WSJ.comAs the coronavirus pandemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies. juliaccarpenter Why wouldn’t individuals pay if they want gear? juliaccarpenter The government or business? Why would you even ask this? If you don't know you're either retarded or think you're a capitalist when you're a schnorrer to the extent you want to pay for nothing and everything collapses and no one can make money.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
The Dow had its worst point drop ever as stocks tumbled againUS stocks ended sharply lower on Monday, with the Dow posting its worst point drop in history and falling to its lowest level in nearly three years. Instead of soothing the markets, another emergency interest rate cut from the Fed had the opposite effect. Trump wanted it lowered and look at what happens 🤔 Trump talking of airline financial relief........ are you kidding me!?!?! Look what airlines CEO’s bonuses were for this year..... wake up! And I'm sure CNN is happy about that
Источник: CNN - 🏆 4. / 95 Прочитайте больше »
Asia stocks set for further weakness after Dow sees worst day drop since 1987Overnight on Wall Street, the Dow Jones Industrial Average plunged 2,997.10 points to close at 20,188.52 — its worst decline since its 'Black Monday' crash three decades ago when it fell more than 22%. Who cares about the money and making rich richer poor ppl who actually pay taxes vs tho use who avoid them and losing their family and fiends. Greed will eat you all. 'Dow futures jump 700 points after Wall Street suffers worst day since last Thursday'
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Stock market live Monday: Dow drops 13%, Trump says recession possible, trading halted at openA conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. GuyAdami timseymour 🐻 GuyAdami timseymour Bond market the space to watch ..... GuyAdami timseymour Great insight gentlemen. Sometimes these things seem logical or obvious... sometimes we still need reminders.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »