Stock market live updates: Dow slips 350, record GDP contraction, Big Tech earnings on deck

📆 7/30/2020 10:40 AM
📰 CNBC

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Stocks moved lower out of the gate today as investors digested the 32.9% drop in GDP during the second quarter. Follow along with the latest stock market updates here:

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Down over 40% from where we usually are, recession confirmed, and we're still holding at these prices? What's it going to take to realize we are facing the worst economic disaster ever? A vaccine distributed today isn't going to turn this around. Big Short Part 2...

That’s an annualized number not a quarterly number

Holy shit. The GDP fell by 32.9% in the 2nd quarter. That is another record set by Trump. Trump is going to collapse the entire economy. Other countries didn't fall that far. But we have Trump.

Meant, back at the ranch, Trump musing about delaying the election to stay in office longer. Covid raging GDP down 33% Race relations at its worst Unemployment at it’s highest Trump is insane.

32.9% annualized. But anything to get Senile Joe elected right

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