Stock market live updates: Dow down 700, rebound attempt fails, will Fed act?

3:06 pm: Final hour of trading: Stocks tumble into correction territory

with U.S. West Texas Intermediate crude falling to its lowest level since Jan. 2019. At the low of the day, WTI was down more than 5%, breaking below $46 to trade at $45.88. In afternoon trading, some of those losses were pared, and WTI ultimately settled 3.37% lower at $47.09 per barrel. WTI is now 29% below its 52-week high level, as investors continue to fear that the coronavirus outbreak will dent global demand for oil.

Around midday, the major U.S. stock averages were trading sharply lower as concerns about the coronavirus spreading quickly in the U.S. pressured equity prices. The Dow was down more than 500 points. Those losses put the 30-stock average in correction territory, or more than 10% below its record high. —European Central Bank president Christine Lagarde told the

We all expected a oversold correction, a down turn in the market with a Bernie rise, and it’s now compounded by a global supply slowdown... This has the potential to be monumental.

good point

It’s buying opportunity for investors!! coronavirus

Next week's stock market will be very interesting. In the US, sports are still drawing huge crowds. Its mostly business as usual. But Dow Jones went down over 10% What will happen if coronavirus is still the lead story next Thursday? By summer there could be some great value buys

Trump tries to move the supply base to India but the reality is not like trump's expect. India is constantly under the terrorist threats and the gov corruption is one of the worst.

Major corrections are coming... 🙄

Good thing massive debt spending with the FED monetizing it was done to run markets to ATH before the virus hit. So lucky!

That's actually a fair point.Majority of sectors and stocks are extended from their reference points of intermediate value. And in4 dys we've sharply tagged it. IF u're putting money to work today this is how u do it SAFELY. 👉Follow me truthntrading for Markets, Money & Mindset

NATALLIANCE: 'We went from an 'all-time high' to a 'correction' (-10% off all-time highs) within 6 trading days. This would be only the second time in history that this has happened. The other? Dec 1928.'

yep, definitely need a vaccine

There needs to be criminal charges against the media and politicians fomenting this fake crisis right now realDonaldTrump especially the financial media, it’s like yelling fire in a movie theatre, where’s the FBI Oh wait our FBI is as corrupt as the rest of D.C & WS

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock market live updates: Dow futures up 100, coronavirus cases jump, Disney fallsAfter this week’s historic market sell-off, these are the 2 things Leon Cooperman says he’s watching: “One is the coronavirus, does it get under control in a reasonable timeframe? And second that we don’t have a Socialist or Communist in the White House.” Being so narrow minded is what will kill this election.
Källa: CNBC - 🏆 12. / 72 Läs mer »

These stocks are the biggest Dow winners when rates plunge like they are nowNew for subscribers: These stocks are the biggest Dow winners when rates plunge like they are now Check out CNBCPro and get your first 30 days free. Pro JoecKernen is becoming an embarrassment to your network. Way over the top emotional on politics to point of being excessively rude to guests he disagrees
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stocks open sharply lower; Dow 10% below recent record highNEW YORK (AP) — Stocks are opening sharply lower, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit two weeks ago. Microsoft became... Trump’s gonna yell at the Fed to fix the coronavirus already This is a great buying moment! maybe the president shouldn’t have gone on stage to directly contradict the experts standing beside him
Källa: AP - 🏆 728. / 51 Läs mer »

Stocks open sharply lower; Dow 10% below recent record highStocks are opening sharply lower, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit two weeks ago IMPOTUS Trump and his creationist flunkie Pence aren't really inspiring a lot confidence in the markets, we're noticing.
Källa: ABC - 🏆 471. / 51 Läs mer »

Stocks enter correction, Dow plunges by 780 points, as coronavirus fears multiplyA correction indicates a drop of 10 percent from the 52-week high, making this the worst week for Wall Street since the financial crisis.
Källa: YahooNews - 🏆 380. / 59 Läs mer »

Stocks enter correction, Dow plunges by 780 points, as coronavirus fears multiplyA correction indicates a drop of 10 percent from the 52-week high, making this the worst week for Wall Street since the financial crisis. Who is listening to you or watching anymore? No, I’m not a Russian troll - but an American blue collar white guy, turning off conservative MSNBC. Thanks gop Stock markets don't like shaky governance. realDonaldTrump this is going to be your legacy along with fu**ing up CoronavirusOutbreak response.
Källa: MSNBC - 🏆 469. / 51 Läs mer »