Stocks Fall, Dow Tumbles 400 Points After Retail Collapse And Weak Bank Earnings

The Dow Jones industrial average was down 1.9%, over 400 points, while the S&P 500 fell 2.2% and the Nasdaq Composite was down 1.4%., warning that loan defaults are set to skyrocket: The latest to do so on Wednesday—Citigroup, Bank of America and Goldman Sachs—all posted earnings declines of 40% or more.to a new low in March, falling a record 8.7%, according to a report from the Commerce Department., as it has been forced to close stores due to the virus outbreak, according to Reuters.

“Now that we are finally seeing data that shows the COVID-19 impact to the US economy, investors are having a hard time becoming optimistic that economic activity will come back this quarter,” says Edward Moya, senior market analyst at Oanda. “Unless markets see a medical breakthrough or a stronger drop-off in new cases, the rebound from last three weeks will end up being a bear-market rally, thus raising calls for a retest of March 23rd low.

skleb1234 GRAB A COPY OF A GREAT BOOK, 'The Mafia CEOs', written by Edward E. Sunday. ORDER your copy NOW!! Amazon ebooks

skleb1234 Perhaps we should reevaluate the person’s lived experience? Rather than this narrow-minded focus on this finance-centric mentality? ❤️🧡💛💚💙

skleb1234 What is Hydroxychloroquine ? How does it work a against COVID19 coronavirus

skleb1234 GretaLWall like I said.....2 days 😂

skleb1234 It's all propped up on bullshit.there is no GDP

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Wall Street analysts turned very bullish on these stocks during the pandemic market turmoilFor subscribers: Wall Street analysts turned very bullish on these stocks during the pandemic market turmoil Check out CNBCPro and get your first 7 days free. Pro it aint Coke tho
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stocks making the biggest moves after hours: Roku, AMC, Tesla and moreCheck out the companies making headlines after the bell.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stocks Move Higher As Earnings Season Kicks OffThe Dow jumped over 400 points at the open. What is Hydroxychloroquine ? How does it work a against COVID19 Rule1..keep your family safe!! If u need proof this stock market is a scam today would be that proof. There is no way in hell anybody would be buying stocks from inept corps. That's insane. Or rigged by the big players so u can place your sucker's bet.
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Stocks rise on China trade data, easing pandemic fearsWorld stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak. Camels enjoy beach in Saudi Arabia, after the closure and curfew BoycottChina
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Stocks making the biggest moves in the premarket: JPMorgan, J&J, Roku, Apple, Disney, Tesla & moreThe stocks making the biggest moves in premarket trading include JPMorgan, J&J, Roku, Apple, Disney, Tesla, and more. Trump said 'I have power to open economy' stocks respond CommonSense COVID19 ForThePeople CoronaLockdown Katie Porter will be the next Vice President of the United States of America. And next election cycle she will be the first Female President of the United States. BIDENPORTER2020 RepKatiePorter
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »