U.S. stocks fell in early trading Monday as investors questioned whether fresh outbreaks of the coronavirus could hold back the global economic recovery.
The Dow Jones Industrial Average dropped 2.9%, or about 750 points, while the S&P 500 receded 2.4% and the Nasdaq Composite Index fell 1.8%. In Europe, the pan-continental Stoxx Europe 600 dropped 1%. Stocks in Asia closed lower, with the Japanese Nikkei Stock Average down nearly 3.5%.
That is what happens when you don't listen and use your comman sense.
Easy does it should have been implemented instead of the rush to reopen.
The political manipulations aren't even vague anymore.
Not sure why investors haven’t been worried with the global economic and social unrest. I guess only time will tell but Mr. Buffett saying he doesn’t know if he has enough cash makes me think this is worse than I can imagine or there is more buying opportunities in the future.
There is no outbreak nor a 'spike'. Based upon data from Johns Hopkins (7-day rolling avg.) on test results: May 1: % positive rate = 11.5% May 15: % positive rate = 7% June 1: % positive rate = 5.2% June 12: % positive rate = 4.6%
Short term market gains do not reflect earnings but daily gambling on Market volatility (computer trading) Stock buybacks ($2 trillion) paid for with tax cut borrowed money increased share value w/o growth and earnings valuations. All that borrowed money is lost!wallstreet
it is already a reality. Second rising wave. Imminent closure in the economies of China and the US. Better to tell the truth, the economy will be damaged again, but it is rebuilt with living people and families. Close now, otherwise it will be a second worst fall.
Wonder who is pushing that narrative? As 800,000 request tickets to a Trump rally, screams of a second wave and more possible lockdowns. The people see through it yet stock market cannot?
It’s not holding anything because nobody is listening to these idiots anymore
Surely priced in? The market can’t be so dumb not to expect another outbreak in autumn? ... let’s see COVID19
Wait so the DOW futures predicts how quickly we will recover? Hence “futures” I thought it was disconnected from reality?
Strange photo. I don't think the Dow fell on fears of a rise in cases in China... What are you trying to say?
Translation: the Fed hasn’t been printing money fast enough to keep up with all of Wall Streets looting
trumpy making America just so fucking GREAT!
China fucked the economy, holiday plans and everything.
False flag, just like the 1st time.
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:
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.
Gold ticks lower, holds tight range as second virus wave fears weigh on stocksGold prices edged lower on Monday, trading in a narrow range, as fears of a second wave of coronavirus infections in Beijing cut investors' appetite for riskier assets. aliwanas_ mostafawanass Come'on technical correction. daddy needs to buy some moar
Source: Reuters - 🏆 2. / 97 Read more »
Global Stocks Slide on Fears Over Fresh Virus OutbreaksStock futures and international indexes fell, as investors questioned whether fresh outbreaks of the new coronavirus could hold back global economic recovery. Which country did the virus originate from? American economy now separate from essentially third world economies Asia Africa South America and to a lesser extent Europe where leaders realising Trump correct to pull back from cheap Chinese goods “Could”! Jeebus H... WILL!! Ffs 🤦🏻♀️
Source: WSJ - 🏆 98. / 63 Read more »
Virus second-wave fears rattle markets, stocks fallFears that a second wave of COVID-19 infections is under way sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as German government debt. Quick let’s buy some negative government bonds 🤮 Are they slowly pushing out Trump, or is the virus a legitimate fear... So much fake news...who to believe? It is not a second wave, if it is a first wave interrupted only by government ordinances, limiting the movement of people. The initial rise in new cases did not lessen without government intervention.
Source: Reuters - 🏆 2. / 97 Read more »
Asia stocks set to slip as virus fears resurface; China's industrial production data aheadStocks in Asia were set to decline at the open on Monday as fears resurface over the coronavirus pandemic. So Re: realDonaldTrump MUST WATCH THIS DIRECT PATIENT CARE NURSE EXPOSING NEW YORK CITY HOSPITAL COVID19 CORONAVIRUS SCANDAL WE NEED TO LEARN FROM THIS TO OPEN UP THE NATION AGAIN WITHOUT WAITING FOR VACCINE CDCDirector CDCgov WhiteHouse foxnewsalert Quarter one has been a complete washout. The financial results are coming out slowly. The markets are going to crash big time. Expect 40% down from today's level by the first week of July /Last week of June
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks, oil sell off on second wave fearsAsian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens. yo Reuters know who’s especially burdened by fear right now? Interpol Agent O’Smiley, who’s sadly having marriage troubles in this episode of CasinoLizard Art VideoArt FilmNoir Noir Cinema CinemaNoir ArtCanLikeChangeTheWorld Second wave my arse. Stop peddling lies. We are a little over two weeks from Memorial Day and sure enough we are getting a new wave - spikes, surges - whatever you want to call it. This is the overlap period between the first wave and second wave which experts predicted. WearAMask Be safe.
Source: Reuters - 🏆 2. / 97 Read more »