The Dow Jones Industrial Average fell 973.65 points, or 4.44%, to 20,943.51, the S&P 500 lost 114.09 points, or 4.41%, to 2,470.5 and the Nasdaq Composite dropped 339.52 points, or 4.41%, to 7,360.58.
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Wall Street's rally rolls on, led by health care stocksNEW YORK (AP) — U.S. stocks climbed Monday, led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak. The rally tacked more gains onto a... people could get rich trying to stretch this out.... We are not at the bottom. I’m waiting for 15,000 before jumping in. I think we have a long long way to go. Unemployment goes up, people are dying but hey at least the Dow is recovering.
Source: AP - 🏆 728. / 51 Read more »
U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP MorganU.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan said, providing a potential boost to equity markets battered by the coronavirus pandemic. Oh, boy. Hang on to your hats pensioners. Jesus. Bad move. They did say poor STOP THE ALGOS FROM ISSUING A BUY SIGNAL TO THE TRADING FLOOR (SERVERS) NOW NOW NOW NOW
Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks fall on lagging worries about virusAsian shares mixed on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions
Source: trtworld - 🏆 101. / 63 Read more »
Asia stocks set to slip as investors await private survey of China's manufacturing activityThe Caixin/Markit Manufacturing Purchasing Managers' index for March is set to be out on Wednesday morning, which could provide further clues to the economic impact of the coronavirus outbreak in China. CAIXIN data will be interesting but no idea if it will be as independent as you'd like?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks under pressure after biggest quarterly drop since 2008Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade and oil prices to trade near lows last seen in 2002.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks making the biggest moves midday: Macy's, Carnival, Kroger, United Airlines & moreCheck out the companies making headlines in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »