Stocks tumble

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US stocks tumble at Wednesday's open, erasing the gains from yesterday's rebound rally

In recent days, the US Federal Reserve has

to fight the fast-moving economic and financial shock caused by the coronavirus epidemic — cutting interest rates close to zero, ramping up asset purchases and easing capital rules to give banks more flexibility to extend credit to households and businesses.central bank invoked emergency powers to launch a new program that will seek to unfreeze a $1 trillion marketfrom highly rated borrowers.

But like other funding markets, there's been a breakdown in recent days, raising fears that coronavirus-ravaged companies would lose access to credit just as they need it most. That would have a cascading effect, forcing cash-strapped businesses to lay off workers and scrap spending plans. "The commercial paper market has been under considerable strain in recent days as businesses and households face greater uncertainty in light of the coronavirus outbreak," the Fed said in a statement.In a note to clients, Goldman Sachs' chief economist Jan Hatzius called the move a return to the"crisis-era playbook" — and predicted that more emergency measures to keep credit flowing could be on the way.

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Dow Jones Futures plunge and hit ' limit down' as extreme trading continues.

sanitizing station 😎 DowJones wallstreet coronavirus

Why not just close all stockmarkets since most companies are closed anyway?

Why is the Market even open?

It’s going to hit 10000. Get your money out.

Play’s a prominent roles

Stop being surprised. It will be under 10k by June then it will go back up once we get the ok to start working again

TrumpRecession !

guess Trump's asinine tweets this morning didn't help takeawayhisphone

The market should have closed a week ago

So this is the TRUMP SLUMP? Thanks for its hard work for blaming others!

Translation: a lot of really rich people are somehow making a shit ton of money.

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Asia stocks set for further weakness after Dow sees worst day drop since 1987Overnight on Wall Street, the Dow Jones Industrial Average plunged 2,997.10 points to close at 20,188.52 — its worst decline since its 'Black Monday' crash three decades ago when it fell more than 22%. Who cares about the money and making rich richer poor ppl who actually pay taxes vs tho use who avoid them and losing their family and fiends. Greed will eat you all. 'Dow futures jump 700 points after Wall Street suffers worst day since last Thursday'
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Coronavirus Updates: Dow, Stocks Drop; Airlines Seek Aid; Business and School Closures Across U.S. - WSJ.comAs the coronavirus pandemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies. juliaccarpenter Why wouldn’t individuals pay if they want gear? juliaccarpenter The government or business? Why would you even ask this? If you don't know you're either retarded or think you're a capitalist when you're a schnorrer to the extent you want to pay for nothing and everything collapses and no one can make money.
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