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Thread: Stocks crater under coronavirus concerns as volatility haunts Wall Street

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    Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Stocks crater under coronavirus concerns as volatility haunts Wall Street | TheHill

    Stocks closed with steep losses Thursday after coronavirus fears claimed nearly all of the gains from a colossal Wednesday rally.

    The Dow Jones Industrial Average closed with a loss of 969 points, a 3.6 percent drop that nearly erased a 1,173-point Wednesday surge driven by soaring health care shares. The S&P 500 closed with a loss of 3.4 percent, while the Nasdaq composite closed 3.1 percent down.
    ================================================== ========
    What 401(k)? Kiss Trump's donkey goodbye in Nov.
    'Make America great' - Benito Mussolini, Fascist Dictator, 1927 newsreel clip: https://www.youtube.com/watch?v=c5l_r8MG5II

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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by JacksinPA View Post
    Stocks crater under coronavirus concerns as volatility haunts Wall Street | TheHill

    Stocks closed with steep losses Thursday after coronavirus fears claimed nearly all of the gains from a colossal Wednesday rally.

    The Dow Jones Industrial Average closed with a loss of 969 points, a 3.6 percent drop that nearly erased a 1,173-point Wednesday surge driven by soaring health care shares. The S&P 500 closed with a loss of 3.4 percent, while the Nasdaq composite closed 3.1 percent down.
    ================================================== ========
    What 401(k)? Kiss Trump's donkey goodbye in Nov.
    The feds might lower interest rates another .25 then see what happens, then another .25. Once the interest rates go into a negative, that's when we're going to see a complete financial disaster.









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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by HumblePi View Post
    The feds might lower interest rates another .25 then see what happens, then another .25. Once the interest rates go into a negative, that's when we're going to see a complete financial disaster.
    Then we can kiss our own donkey's goodbye.
    'Make America great' - Benito Mussolini, Fascist Dictator, 1927 newsreel clip: https://www.youtube.com/watch?v=c5l_r8MG5II

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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by JacksinPA View Post
    Stocks crater under coronavirus concerns as volatility haunts Wall Street | TheHill

    Stocks closed with steep losses Thursday after coronavirus fears claimed nearly all of the gains from a colossal Wednesday rally.

    The Dow Jones Industrial Average closed with a loss of 969 points, a 3.6 percent drop that nearly erased a 1,173-point Wednesday surge driven by soaring health care shares. The S&P 500 closed with a loss of 3.4 percent, while the Nasdaq composite closed 3.1 percent down.
    ================================================== ========
    What 401(k)? Kiss Trump's donkey goodbye in Nov.
    Just great! Lets destroy the stock market because you idiots think that will hurt the president.
    What kind of lunacy is this?
    " You’re a lying dog-faced pony soldier,” J. Biden
    "You cannot go to a 7-11 or a Dunkin' Donuts unless you have a slight Indian accent. I'm not joking," J. Biden

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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by JacksinPA View Post
    Then we can kiss our own donkey's goodbye.
    Yeah really, as the saying goes 'this **** is getting real'. Seriously, this mess with coronavirus has started a ball rolling that was just about ready to roll downhill on its own anyway, just not this far downhill. The coronavirus has put a tight grip on the throat of commerce around the world. If the threat of the virus disappeared tomorrow, the stock market would rebound although I don't know if it would go back to the levels of the pre-virus panic too soon.

    I have a feeling this isn't going to end soon and we haven't seen the bottom yet. People are nervous and the shelves in Walmart that have all the cold and flu medications are emptying out quickly. People want to be ready, I can't blame them for that. It's a good time to keep some spare cash on hand in the meantime.









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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by Common Sense 1 View Post
    Just great! Lets destroy the stock market because you idiots think that will hurt the president.
    What kind of lunacy is this?
    The lunacy is the extreme victim complex you present.

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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by HumblePi View Post
    The feds might lower interest rates another .25 then see what happens, then another .25. Once the interest rates go into a negative, that's when we're going to see a complete financial disaster.
    The idea that a 50 basis point cut will do anything is absurd. Fed cuts are supposed to spur growth. This is not a growth issue.
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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by Common Sense 1 View Post
    Just great! Lets destroy the stock market because you idiots think that will hurt the president.
    What kind of lunacy is this?
    It's YOU IDIOTS that believe such horse****. Don't you think that WE have 401k retirement plans that rely on a positive stock market? Don't you think that WE have jobs that are connected to commerce like aircraft industry, travel, manufacturing, hotel and restaurant, etc!?? Don't you think that WE have the same fears of a falling stock market as YOU do? Do you really believe that anyone could be so stupid as to rejoice at this economic disaster that's transpiring?

    WTF is wrong with you? You have no common sense, nothing, not a shred of it.









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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by Common Sense 1 View Post
    Just great! Lets destroy the stock market because you idiots think that will hurt the president.
    What kind of lunacy is this?
    Got any extra kool aid?
    "California was not a part of this nation when it's history began, but we are clearly now the keeper of its future." CA Rising

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    Re: Stocks crater under coronavirus concerns as volatility haunts Wall Street

    Quote Originally Posted by Common Sense 1 View Post
    Just great! Lets destroy the stock market because you idiots think that will hurt the president.
    What kind of lunacy is this?
    If your fearless leader would just stfu and let the pros handle the situation.........btw, haven’t heard you cheerleading the stock market lately, you ok?
    Everyone appreciates your honesty, until you are honest with them. Then you are an asshole. ” - George Carlin
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