's decline on Monday officially marked the erasure of all gains the index made following President Donald Trump's election victory on November 8, 2016.
The Dow shed as much as 5% - or 960 points - on Monday, slipping to an intraday low of 18,213.65. That marked its first foray below the November 7, 2016 close of 18,259.60. US stocks have sold off in recent weeks, ending the longest-ever bull market run in history, as the coronavirus pandemic has expanded. As the outbreak continues to spread, investor concern over slow global growth and major economic impact of decreased activity has grown, sending stocks down and boosting so-called safe haven assets such as US Treasury bonds and gold.
Clearly you should look at your market screen and not political bias screen! Yhat was a huge rip!
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
The coronavirus pandemic may be weakening US retail - Business Insider - Business InsiderWith states and cities closing nonessential stores in response to the coronavirus, retailers may lose the ability to make in-store sales altogether. Ya think lortyvon L’augmentation des taxes est là
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Trump says the coronavirus is hurting his personal businesses - Business InsiderHe said he didn't know if his businesses would take government assistance if it qualified. 'Everybody knew I had hotels when I got elected,' he said. I mean, they totally should if they need it. Are you kidding? He made false claims for 9/11 money. He certainly should accept any and all assistance to keep his staff, no different than any other hotel chain.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
US reports 400 COVID-19 deaths and over 32,600 cases: live updates - Business InsiderPresident Donald Trump declared a national emergency on March 13. On March 17, West Virginia became the 50th state to report a case of COVID-19. As Mexican ‘philosopher’ Cantinflas said: “better they say here he ran, than here he died”. Covid19 crisis in NYC is getting worse by the day. I would “get out of Dodge” and go to Texas, where less crowds may be giving better chance of not been infected
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
More than 500 of China's movie theaters reopen, as most US cinemas close - Business InsiderThere are 70,000 theaters in China, so there's still a long way to go before the region's theater industry is fully up and running. This is a scientific war. KYCYIDWHT! Critical 2-4 weeks there to see if it rushes back i dont see anyone sitting!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »