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Thread: The Dow Is Down 840 Points After the CDC Warned That Coronavirus Will Hit the U.S.

  1. 02-25-2020, 01:20 PM #1
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    Post The Dow Is Down 840 Points After the CDC Warned That Coronavirus Will Hit the U.S.

    The Dow Is Down 840 Points After the CDC Warned That Coronavirus Will Hit the U.S.

    12:57 p.m. The CDC just warned that the coronavirus will spread to the U.S. Want to guess what the Dow Jones Industrial Average just did? The Dow, which had been trying to limit its losses, took another leg down and was off 833.86 points, or 3%, to 27,126.94, while the S&P 500 had fallen 2.4% to 3148.83. The Centers for Disease Control and Prevention’s Dr. Nancy Messonnier went so far as to tell reporters that Americans should prepare for a major disrupting to occur because of the disease.

    https://finance.yahoo.com/m/ca8e2a8c...html?.tsrc=rss
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  2. 02-25-2020, 03:35 PM #2
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    Default Re: The Dow Is Down 840 Points After the CDC Warned That Coronavirus Will Hit the U.S

    Corona Virus will get the blame for the next bear market but there were plenty of divergences and weakening indicators before this.

    Notably in September when the Federal Reserve had to intervene in the short term money markets because banks didn't want to loan at such low rates.
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