Discussion:
DOW takin' a Drumpf!!
(too old to reply)
Miloch
2020-02-24 17:07:02 UTC
Permalink
Dow drops as much as 997 points as coronavirus fears worsen

https://nypost.com/2020/02/24/us-stocks-poised-to-plummet-as-coronavirus-spreads-outside-china/

US stocks plummeted Monday as the deadly coronavirus spread outside China and
world leaders warned that the outbreak could hamper global economic growth.

The Dow Jones Industrial Average plunged as much as 997.01 points, or 3.4
percent, to 27,995.37 after the markets opened as the virus’ death toll climbed
above 2,500 in China and spates of cases emerged in countries such as Iran,
Italy and South Korea.

The blue-chip index was recently trading down 846.17, or 2.9 percent, after
losing 227.59 points in a Friday selloff.

The Nasdaq composite plunged as much as 410.58 points, or 4.2 percent, after the
opening bell to trade at a low of 9,166.01. And the S&P 500 lost as much as
106.23 points, or 3.1 percent, to hit a low of 3,231.52.

“Fears of secondary infections proliferating outside of China have come home to
roost, sending risk assets in a tailspin and a wave of refuge-seeking into
safe-haven,” Tokyo-based Mizuho Bank said in a commentary.




*
super70s
2020-02-25 18:31:46 UTC
Permalink
Post by Miloch
Dow drops as much as 997 points as coronavirus fears worsen
https://nypost.com/2020/02/24/us-stocks-poised-to-plummet-as-coronavirus-
spreads-outside-china/
US stocks plummeted Monday as the deadly coronavirus spread outside China and
world leaders warned that the outbreak could hamper global economic growth.
The Dow Jones Industrial Average plunged as much as 997.01 points, or 3.4
percent, to 27,995.37 after the markets opened as the virus‚ death toll
climbed above 2,500 in China and spates of cases emerged in countries such as
Iran, Italy and South Korea.
The blue-chip index was recently trading down 846.17, or 2.9 percent, after
losing 227.59 points in a Friday selloff.
The Nasdaq composite plunged as much as 410.58 points, or 4.2 percent, after
the opening bell to trade at a low of 9,166.01. And the S&P 500 lost as much as
106.23 points, or 3.1 percent, to hit a low of 3,231.52.
"Fears of secondary infections proliferating outside of China have come home
to roost, sending risk assets in a tailspin and a wave of refuge-seeking into
safe-haven," Tokyo-based Mizuho Bank said in a commentary.
"This is not winning. Can't we fire somebody over there and put my own
man in?"

Loading...