that the coronavirus market sell-off will worsen again in April, with the market bottoming lower than it did during the worst of the sell-offs in March.The market’s sharpest declines on Wednesday were in utilities and real estate stocks—both sectors dropped over 6%, with banks not far behind. The consumer staples sector held up the best, only dropping 1.8%.The Dow and S&P 500 fell 1.8% and 1.6%, respectively, on Tuesday—closing out their worst first quarters performances ever.
“economic data, earnings, and stimulus announcements are all subordinate to science... stocks care much, much more about transmission trends and treatment efficacy.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
skleb1234 Omg
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mexican Industry Sales Plunge 70 Percent Due to PandemicMexico’s apparel industry reported that sales dropped 70 percent. Why is there a photograph of Santa Fe, New Mexico leading your article? awkward... that's not Mexico OneOfOur50IsMissing NewMexicoisaStateintheUSA Ummm that picture you showed is the intersection of Lincoln St and San Francisco St in Santa Fe NEW MEXICO, USA 🇺🇸
Source: wwd - 🏆 24. / 68 Read more »
U.S., Russia energy officials had 'productive' talks about oil market plungeU.S. Energy Secretary Dan Brouillette spoke with his Russian counterpart Alexander Novak about the slump in global oil markets on Tuesday, and they agreed to hold future discussions involving other major world oil producers and consumers, the U.S. Energy Department said in a release. Where were the Saudis... in the ambit of the American officials? It good American are also implicitly trying to help the Iranians of course .... with oil prices.
Source: Reuters - 🏆 2. / 97 Read more »