Stocks Wrap Up Tough Week With Another Fall

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Stocks end a bruising week with another selloff. The Dow industrials have now lost about 35% from their record high in February.

U.S. stocks fell Friday to cap another bruising week on Wall Street as fresh measures to contain the coronavirus pandemic spooked investors.

Major indexes opened slightly higher but pulled back after New York Gov. Andrew Cuomo ordered the state’s workforce to stay home, following a similar edict in California. Stocks sank further after the Trump administration said U.S. borders with Mexico and Canada would be closed to nonessential travel.

 

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Phil_Mattingly The toddlers got the cookie jar and broke it. Maybe Trump will tweet about a Chinese Trade Deal, and everything will be ok!!

PaxNostrum The mask, not even covering his nose, is both laughable and sad at the same time.

This is so totally out of wack that some kind keeper should be appointed and only stocks needed to be sold in an emergency should be allowed . Maybe even a Dollar amount limit. This is contrived, computer aided and unconscionable.

Phil_Mattingly The mask covers the mouth AND the nose, buddy.

The Stop Trading on Congressional Knowledge (STOCK) Act, designed to combat insider trading by members of Congress, which was signed into law by Obama in 2012, had passed the Senate 96-3. The 3 'nay' votes were: Thomas Coburn Jeff Bingaman and Richard Burr

Close (enough?) to 38.2 Fibonacci retracement levels... tdb.

Amazing how the person wearing his mask is utterly useless lmao.

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