Dow drops 1,300 points, S&P 500 loses 5% as coronavirus market sell-off reaches new low

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Correction: Stocks closed in negative territory, reaching a new coronavirus crisis low as investors worried about the economic damage from the pandemic: •The Dow dropped 6.3% •The S&P 500 was down 5.2% •The Nasdaq slid 4.7%

" on Wednesday. "America will end as we know it. I'm sorry to say so, unless we take this option."

Details of a potential fiscal stimulus package were not enough to curb the selling pressures in the market. Wall Street has been on an unprecedented roller-coaster ride amid the coronavirus turmoil, with the S&P 500 swinging 4% or more in either direction for a record eight consecutive sessions. This tops the previous record of six days from November 1929, according to LPL Financial.

The 10-year Treasury yield jumped to 1.21% Wednesday after trading around 0.77% midday Tuesday before details of the potential stimulus emerged. It began the week at around 0.65%. It wasn't the outright rate level that caused uneasiness among traders, but the rapid nature of the move overnight.

 

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Hat trick

Red zone... Like it's a Blood genotype testing going on! Great times ahead!!

Perhaps we need to be more worried about people dying then we are about economic downturn’s for a short time. Solve the virus problem. We’re not emphasizing test, treatment, and vaccination as we should.

19898.92.

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Stock market live updates: Stocks rebound, Dow up 300, Regeneron speeds up drugStock market live updates: Stocks attempted a rebound from the worst day since 1987, with all 3 major averages opening in positive territory. MARKETS showing signs they do not trust this GOV to do the right thing. GOV need to eject confidence of what plans they have to deal with this not pushing more money into the markets. THERE 90 PERCENT CHANCE RIGHT now we are heading to a recession. SELL. THE. BOUNCE. And to you shorts: You will get massacred when this eventually rebounds on a one day rebound so STOP shorting! Great! The stock market did not tank again today. It is only 948am though and we have not heard the daily disinformation from Trump.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Live updates: Dow, S&P 500, companies and more - CNNThe stock market's roller coaster week continues as investors continue to worry about the coronavirus outbreak. Go here for the latest updates on the Dow, S&P 500, companies and more. managers and corporations could buy buy buy instead of sell, Tax trillions of tax cut money and buy shares back hold up the markets, it can be done. Very good.
แหล่ง: cnnbrk - 🏆 393. / 55 อ่านเพิ่มเติม »

Stock market live updates: White House and Fed boost stocks, Dow up 1,000, Oil drops 6%Stocks attempted a rebound on Tuesday after the Dow and S&P 500's worst day since 1987 on Monday. GREAT let get gas down to a 1.50 gallon. WTI Member people who called a bottom like, well hundreds of millions of losses ago? For every bottom calling hero that is born from this, there is a path littered with corpses. I’m fine with not trying to be a hero.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Stock market live Monday: Dow drops 13%, Trump says recession possible, trading halted at openA conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. GuyAdami timseymour 🐻 GuyAdami timseymour Bond market the space to watch ..... GuyAdami timseymour Great insight gentlemen. Sometimes these things seem logical or obvious... sometimes we still need reminders.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

The Dow had its worst point drop ever as stocks tumbled againUS stocks ended sharply lower on Monday, with the Dow posting its worst point drop in history and falling to its lowest level in nearly three years. Instead of soothing the markets, another emergency interest rate cut from the Fed had the opposite effect. Trump wanted it lowered and look at what happens 🤔 Trump talking of airline financial relief........ are you kidding me!?!?! Look what airlines CEO’s bonuses were for this year..... wake up! And I'm sure CNN is happy about that
แหล่ง: CNN - 🏆 4. / 95 อ่านเพิ่มเติม »