Dow Falls Approximately 3K as Virus News Worsens – Newser


(Newser)

The stock industry started out out in a freefall Monday and never recovered. The Dow fell 2,997 points, nearly 13%, though the S&P 500 and the Nasdaq fell by about 12%. The Dow is now at 20,188 and on a trajectory to slide below 20,000. The S&P fell 324 details to two,386 and the Nasdaq fell 970 points to six,904. A working day of poor news on the coronavirus entrance improved stress amongst investors that a recession is on the horizon, stories the Wall Road Journal. In truth, President Trump instructed reporters the US “may well be” heading into a economic downturn, studies CNBC, and he added that the worst of the outbreak could past until finally August. (Read more stock industry stories.)

Browse Additional

Add Comment