US stocks sank at the opening bell in New York, and the selloff gathered pace as the session went on.In the late morning, the Dow was down more than 700 points, or 2.5%. Not a single Dow stock was in the green. The S&P 500 -- the broadest measure of the US stock market -- fell 2.1%. The tech-heavy Nasdaq Composite , which had briefly bounced back from its lows, dropped 1.7%.Energy, industrials and financials stocks are the among the worst performers of the day.
While earnings will inject volatility in the tech sector,"on a more macro level, ongoing US stalemate over US fiscal stimulus and the rapidly spreading Covid-19 is going to determine the direction for the wider markets," said Fawad Razaqzada, market analyst at Think Markets, in a note.The ever-slimming chance of a new stimulus package before next week's election isn't a new factor for the market.
olymtradescam OlympTrade id_olymptrade The_FINACOM they are not allowing to close trades of assets when market opens till 5 minutes .iam losing money .
The Bidens and Tony Bobulinski
blame trump and his minions
Thanks Nancy. Vote her out
Donald Trump: New York. Vote for Trump. What (the Hell!) do you have to lose? Governor Andrew Cuomo is no hero. He's to blame for New York's coronavirus catastrophe.....in the spring !
They should put a stimulus bill out then.
Few suggestions for Placing Non-Contact Infrared Thermometers
Thought CNN did not care bout the market
When stock all time high, you do not appreciate Trump’s effort. When down, you blame him. Idiot
Thanks Nancy
Thanks Nancy
Yes this Senate is corrupt focusing on this instead of what the American people have said , let them know with your vote never forget
Market is scared of a Biden victory
Good thing we shorted the market. Hate that we even had to knowing this drop was inevitable
Best. Economy. Ever. So. Much. Winning.
Another Trump sell off This Guy has worse luck than Rudy Guiliani
Nancy Pelosi wants a stimulus..but she knows it has to be enough of cover the needs of everyone ..essential workers, hospitals, medical, testing,PPE, schools,staff, Meals, seniors,mortgages, small businesses, EI and so much more! She knows ppl need money for more than a month!
Trumps world he is at the WH but he says Covid is not a problem taking this country down is his priority and taking life’s as well
drmikemurdock CNN, can't you people just change your evil reporting tactics?
And this is America.. Sad.
But but, Trump says the Markets are doing great, when you hit rock bottom things do have a tendency to trend up! With Trump having money in play means strapping in for a rollercoaster ride! The markets hate uncertainty, and that is Trump’s signature play!
Network of doom and gloom! Trump will win big regardless and things will get better than they were before the plague from China.
Markets tumbling because they a petrified sleep Joe may win via the unsolicited “postal ballot” route.
It's not going to keep people from going out to vote. That is CNN goal.
The worst market is a market that doesn't move.
IT'S TIME TO COME TO THE REALIZATION that Trump's only interest is his re-election & that Trump couldn't care less about anything or anyone else. 'TRUMP WILL SAY & DO ANYTHING' he thinks will secure his re-election, even endangering other people's lives.
Trump and Pence and the rest of the Republican Cult are trying to scare you into voting for them. All the while, they are trying to destroy U.S. with all their lies. 'One cannot always be a hero, but one can always be a man.'
The Whitehouse CAN NOT HIDE from the fact that the Trump administration has 'never taken the coronavirus pandemic seriously.' If there's any doubt, there's over 225,000 DEATHS as reminders.
A vote for Trump is a vote for the coronavirus.....8 days
While millions of people's lives are in a bind, TRUMP and the Republican Cult have DECIDED to do nothing but play with people's lives. Trump and the Republican Cult have decided another COVID-19 Economic Relief Package is not necessary at this time because YOU ARE NOT NECESSARY!
wait after the elctions
Us sucks right now
this is who you all vote for
The economy will continue to get worse because of Republicans refusal to pass a stimulus bill. No money means no purchases & more downturns.
Half an hour into the trading day , the Dow fell 1.5%.
Good. Let it crumble and tumble. Trump loves his precious stock market,let everyone feel the effects from those suffering.
Natural gas FTW!!!
The real reason Pelosi wouldn't do the stimulus. To your average voter, the stock markets falling week of election is disasterous.
Will trump talk about the stock market today?
I wonder why there's no stimulus.... Republicans already showed they're willing to negotiate and push through. Dems, stop playing politics at the expense of American lives! Leave out the pork!
The Dems and Pelosi are Blocking the Stimulus Relief With Pork....and the Covid Mortician Rate Is Way Down.
So Trump can stop bragging about the stock market & without the stimulus the economy will only get worse. He’s so ignorant he doesn’t understand this.
Got a quarter tank of gas in my new E class. But that's alright, cause I'm gon' ride. Finish the lyrics for me guys
The current administration ihas given up on both COVID and the stimulus. They have gone in hiding as far as the people are concerned. Very sad
I think trumps been to busy with the campaign
US stocks tumble **as world realizes GOP is determined to trash America's economy and leave as many sick & dead as they possibly can on their way out the door.**
SpeakerPelosi if you cared about the American people you'd stop playing games with the stimulus bills. There's no reason to include a rewrite of election laws. Also, why would a stimulus package mentions “cannabis” more than “jobs.”? Trump isn't the issue on this one, sorry.
It was buried under Pelosi's office.
All but the one stock I sold yesterday. Every fng time 🤔😞
It's on Nancy's desk
CNN breaking news - millions of more tests are the reason for the uptick in Covid-19 cases showing up. The good news, it is a weaker strain and the new approved drugs will defeat this Chinese Pandemic.
Sooooooooo much winning! realDonaldTrump MAGA WWG1GWA 🍊🤡 is a loser. TrumpIsLosing
I don’t support McConnell and Pelosi super PAC stimulus. We are in $25T in debt. We must cut spending and budget. Not increase it.
The greatest stock market ever! I promise Mexico will pay for the wall! The best health care! Promises....Promises.
realDonaldTrump is too stupid to understand the impact and too lazy to learn.
Now what realDonaldTrump. Yeah thought so!
Oh my goodness what will all the people do who vote for Trump simply for the money in their 401k or the stock market or their portfolios with absolutely no thought of country suffering and death of so many people and children in cages and liars and cheats and criminals.
Trump destroyed America
Thank God we’re confirming a Supreme Court justice, tho! That was pressing.
I follow back assap guys
Buhari can’t take us all Retweet aggressively Follow me , and Demand for a follow back 🥳❤️. Test the speed
But by god we are going to push through an unqualified supreme court judge. Why are stocks gushing about this? Shouldn't corporations be jumping for joy since they will vote to remove all regulations?
But but but don’t they know Trump said we’re rounding the turn?
Buy Gold 👍
We're rounding the corner folks!
The stimulus is buried under Nancy’s political pork.
Anyone got more of them 'stimulus hopes?'
eh I'm sure those investment companies will be just fine, they always bounce back.
realDonaldTrump as no plans for anything he nysts shouts and complains America needs a real President and a strong Vice president so vote realDonaldTrump and VP out and VoteBidenHarrisToSaveAmerica
So pandemic...spreading...stocks ...tumbling...businesses closing.... Can we please get a new President soon?
Trump has given up on both controlling the pandemic and helping the people
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