5 things to know before the stock market opens Friday the 13th

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Dow futures, reversing overnight losses, were pointing to bounce at Friday's open after Wall Street suffered its worst session since the 'Black Monday' stock market crash in 1987.

tanked 9.5%, joining the Dow in bear market territory and officially ending the longest bull market ever. From its financial crisis low on March 9, 2009 to its all-time high close of 3,386 on Feb. 19, the S&P 500 had gained 400%. But since last month's record, the index lost nearly 27%. A bear market is defined by a decline of at least 20% from recent 52-week highs.

expects the Federal Reserve to cut interest rates a full 1% at next week's March meeting. Such a move would take the key fed funds overnight lending rate to a financial crisis low range of 0%-0.25%. Near-zero rates began in December 2008 and remained there for seven years. On Thursday, stocks briefly pared some of their losses after the Fed said it would take a series of moves

 

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Why did anyone think Trump's presidency would fare any better than one of his casinos?

Spoiler alert: 1 -- We're fucked

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock futures point to more losses Friday following market's worst day since 'Black Monday'The overnight action followed the official end of the record-long bull market run. Capitalism is a shambling corpse Disney’s announcement came after the close. Why would the market go up? No sports, everyone is afraid I can see the Dow Jones going under 10,000 again What is the stimulus when everyone is at home?
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