U.S. Stocks Fall More Than 2%, End Week Lower

The Dow Jones Industrial Average dropped more than 700 points and limped home to a weekly loss as daily coronavirus infections increased rapidly, fanning worries about a slowdown in the economy’s reopening.

The S&P 500 fell 2.4% as of the 4 p.m. ET close of trading. The Dow lost 730 points, or 2.8%. The Nasdaq Composite fell 2.6%.The WSJ Dollar Index rallied on Wednesday, while faith in the V-shaped recovery took a hit. WSJ’s Paul Vigna breaks down this week’s winners and losers. Photo: Bing Guan/Bloomberg News

Apologists for the current state of US capitalism are fortunate the pandemic arrived when it did & persists for as long as it has. It has diverted attention away from weakening fundamentals in an economy that was visibly shrinking before it struck. It was a spindoctored economy.

The USA is in the poop bin and is only sinking deeper!

🤭

If only media and leadership would work together instead of all this bs....we have testing BOOM positive cases go up - WOW who’d a thunk it?...mortality rates are waaaaaay dooooon.....that’s really good news and should be front page....why are folks working to kill America?

More liberal scare tactics

How many Patriot Acts were there under the guise of a new exaggerated threat of terrorism This kind of market manipulation was coined and templated by Morgan over a hundred years ago

Mark and manipulation is so easy to do in plain sight when there's a pandemic going on Supposedly If you thought the media inflated the reality on the ground about the Y2K bug Surely a little bit of skepticism is called for about all this hoopla

Maybe another reason Trump canceled his golfing trip🤔 another tantrum or meltdown.

buy low. sell high.

Yes

Wall Street has no idea what's about to happen!

This is because of a few companies controling 24% of the index... that much consolodation of influence is not usually healthy for an economy.

winning

So should I sell my Hertz and GNC calls?

“Worries about an economic slowdown”? We’re in an economic slowdown... also known as a recession

Good day to buy stonks

Hey why don’t you report that CDC says infections are 10x reported or 25M. So death rate is .5%, similar to pre-vaccine influenza. Stop the panic. factsoverfear FactsNotFear

The claim of 'greatest country on earth' is a joke.

Stevestrooop

This is not good

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Stock market live updates: Stocks lower, travel stocks sink, KB Home drops 11%As new COVID-19 cases continue to spike and the market struggles, MadMoneyOnCNBC's JimCramer has some advice to dish out. MadMoneyOnCNBC jimcramer Check out my Gig on Fiverr: be your all rounder activecampaign specialist MadMoneyOnCNBC jimcramer What has change since March regarding COVID-19? Do we have a cure a vaccine? Why are people expecting change? MadMoneyOnCNBC jimcramer If we had a competent Federal response we woukd be in much better shape
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Stocks Fall as Coronavirus Infections SurgeSeveral states reported new daily records of infections, adding to concerns about a second wave of cases around the world that could lead to renewed restrictions on business activity. Ignore covid at your peril. Why you only report Down days ? We see your BIAS. SIT TF DOWN My summer vacation in the Hampton’s is CANCELLED
Source: WSJ - 🏆 98. / 63 Read more »

Stocks Fall After Another 1.5 Million Americans File For UnemploymentInvestors are also worried about a spike in new coronavirus cases. Geeeezzzzz....worst than the Great Depression Still nobody talking about the many people who have not been laid off or furloughed but have been asked to take a 10%, 15%, or even 20% pay cut. I'd wager that this is a significant underappreciated drag on aggregate demand. Is anybody paying attention?
Source: Forbes - 🏆 394. / 53 Read more »

Stocks sell-off as coronavirus surge knocks recovery hopesAsia's stock markets slipped, bonds rose and the U.S. dollar was firm on Thursday as surging U.S. coronavirus cases, global trade tensions and an International Monetary Fund downgrade to economic projections knocked confidence in a recovery. He has to go
Source: Reuters - 🏆 2. / 97 Read more »