3 min readThe president, one day after recommending new health and social guidelines, proposed ways to deal with the growing economic harm the crisis is having on businesses and Americans workers.
The Dow Jones Industrial Average tumbled Wednesday, closing down by more than 1,300 points or 6.28%, in another day of massive volatility over theTrading was briefly halted just before 1 p.m. after the S&P 500 dipped below the 7% threshold. "I think what we’re seeing today and in recent weeks is a market that has nothing to ... steady it. The economic data won’t show anything positive for quite a while and markets can’t really give any credible outlook on earnings right now," Jeffrey Kleintop, the chief global investment strategist at Charles Schwab, told ABC News.
"While the markets may bounce on news of new stimulus like it did yesterday, it's unlikely to bottom until we see that peak in new virus cases, so we just don’t know when that will be," Kleintop noted.But when the"shock begins to recede, growth should come back fairly quickly," he said. The Dow at one point was trading at the same level when President Donald Trump took office in January 2017.Traders work at the New York Stock Exchange, March 18, 2020.
What was the Dow Jones when Obama first became President?
wsoctv realDonaldTrump needs impeached for this mess!
wsoctv Typical market, it's a constant Roller coaster, those Who Cashed there Stock, Should put it in Some TN Stock, growing State.
Just another losing day under the loser president, Donald Trump.
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Stock market live updates: Stocks rebound, Dow up 300, Regeneron speeds up drugStock market live updates: Stocks attempted a rebound from the worst day since 1987, with all 3 major averages opening in positive territory. 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. SELL. THE. BOUNCE. And to you shorts: You will get massacred when this eventually rebounds on a one day rebound so STOP shorting! Great! The stock market did not tank again today. It is only 948am though and we have not heard the daily disinformation from Trump.
Источник: CNBC - 🏆 12. / 72 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 »
Nervous Market Opens Higher, Dow Up 2%The market opened higher Tuesday after a nail-biting night with on the futures market after a massive selloff the day before and increasingly widespread restrictions and closures across the country… 'Nervous market' -- more like scared sh**itless. 30% of market value has evaporated in 6 weeks.
Источник: DEADLINE - 🏆 109. / 63 Прочитайте больше »
Stock market live updates: White House and Fed boost stocks, Dow up 1,000, Oil drops 6%Stocks attempted a rebound on Tuesday after the Dow and S&P 500's worst day since 1987 on Monday. GREAT let get gas down to a 1.50 gallon. WTI Member people who called a bottom like, well hundreds of millions of losses ago? For every bottom calling hero that is born from this, there is a path littered with corpses. I’m fine with not trying to be a hero.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
Stock market news live: Stocks boosted by Trump coronavirus stimulus plans; Dow rockets over 1,000 pointsStocks jumped Tuesday, offering some respite from selling after Monday’s declines sent the Dow off by its largest percentage drop since Black Monday of 1987. I can’t until it drops double that again 😭
Источник: YahooNews - 🏆 380. / 59 Прочитайте больше »