As the Dow enters a correction, two market analysts break down the move

The blue-chip index hasin the U.S. ignited fears over the economic recovery.

"That is driving the markets and has been driving the markets for the past several weeks," Sanchez told CNBC's "" on Wednesday. "If we don't have additional stimulus and most of the stimulus programs are starting to expire, that means that economic activity and the outlook is starting to dim at a moment when Covid cases are surging.", the Commerce Department reported Thursday in its initial reading, though growth has yet to reach pre-pandemic levels.

In the same interview, TradingAnalysis.com founder Todd Gordon reminded investors that the Dow is only a small slice of the market — and it's been underperforming for a long stretch.

When Obama/Biden left office the Dow was 19,000.. under the Trump administration the Dow is 26,500 today and been higher. Trump doing a good job even with this COVID-19 situation event.

Correction ? 🤣 is what you call now to bankruptcy? 🤣🤣

Buy moreee stocks 💩💩💩💩💩

Sellllll!!!

The US is entering a correction. It’s called getting Trump out of office.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500, Dow slip on worries about earnings, U.S. stimulus outlookStocks on Wall Street closed little changed on Tuesday, with the Dow and S&P 500 slipping on disappointing earnings and little hope for a U.S. coronavirus stimulus before Election Day, though the Nasdaq rose ahead of big technology company results. The exchange is reacting because of Trump and Pence's many lies
Source: Reuters - 🏆 2. / 97 Read more »

Dow Plunges 600 Points On Third Day Of Losses As Market Panics Over Covid ResurgenceThe Dow has fallen to its lowest level in more than a month. But. It's going away, I heard that at a rally yesterday...I must be mistaken BITCOIN! Holy smokes! MICROSTATEGIES invested $475 million two months ago into bitcoin. They have already made $100 million profit on their investment!!! IN TWO MONTHS!! Once other companies comprehend this BITCOIN is gonna bump, baby 😁 95% only bad news(
Source: Forbes - 🏆 394. / 53 Read more »

Dow falls more than 500 points as stocks open sharply lower on COVID case riseU.S. stocks opened sharply lower Wednesday, under pressure as a continued rise in COVID-19 cases threatened to prompt renewed lockdowns in Europe and raised... nice this is terrible news 🤣
Source: MarketWatch - 🏆 3. / 97 Read more »