Global Stocks Fall After Trump Issues Warning on Pandemic

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U.S. stock futures and global equities fall sharply after President Trump warned on the scale of the toll America could face from the coronavirus

Global stocks fell Wednesday after President Trump issued a stark new warning on the spread of the novel coronavirus in the U.S., reviving concerns about the potential damage to the world’s largest economy.

Futures tied to the Dow Jones Industrial Average dropped 3.4%, suggesting that blue-chip stocks will decline a day after U.S. equities closed out their worst quarter since the financial crisis. European stocks also fell, with the pan-continental Stoxx Europe 600 index retreating 3.3%.

 

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There is strong belief President Trump will revive the ailing economy and as the good business man he has all the tools to kickstart the recovery.

I said it once and I’ll say it again our economy is off the blood of the poor out dated economy when life was cheap time for evolution rage against the machine

Stop talking Trump. Every time you open your pie hole the country is your irreparably damaged shut up!mutetrump

As long as the press continues to fawn over every word trump spews he owns them.The press needs to ignore every word he speaks and walk away from him every time he tries to engage them. It will save our country and infuriate the narcissist megalomaniacal coward tyrant. mutetrump

👍🏻👍🏻👍🏻👍🏻🤘

There is still literally no reason for this dolt to speak at daily briefings. Complete waste of time as he rambles on for 15 mins on absolutely nothing.

Ban Chinese Government everywhere they are working like Terrorists ...!!! China stops all the businesses in the world........

Like I said the economy is out dated we no longer have to live off the poor no more slave and master make it so it’s fair trade for everyone and rules on pricing and demand and supply we’re dying we gotta walk right for the children’s children

Pathetically the whole country is just like his doll. The stock markets and global equities can get influenced so easily and sharply by his tweets. It's a very dangerous sign.

Time to invent a new money economy system we’re all have access to wealth and we’re not feeding of the backs of our brothers history repeats it self if not checked will fall like rome

The whole world knew about the corona virus since December 2018. Trump always said that the virus was not bad and it would go away on its own. And now thousands of people will die because Trump has not got ventilators and protective clothing. Trump is a stone cold loser.

It’s impossible to know if the Trump admin is being honest or manipulating markets or setting themselves up for a win if the number of deaths is below 100k. It’s terrifying not being able to trust the government.

Trump just care about the stock market but the life of US people.

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