Jump to content

Recommended Posts

Posted

Stocks fell sharply on Friday, wiping out the Dow Jones Industrial Average’s gain for January, as investors grew increasingly worried about the potential economic impact of China’s fast-spreading coronavirus.

The Dow dropped 610 points, or 2.1 percent, in the 30-stock average’s worst day since August. The S&P 500 was down 1.8 percent while the Nasdaq Composite dropped 1.6 percent.

1703842794_Annotation2020-02-03021722.jpg.ae54b9319d2c0214a2300ccdafe50351.jpg

US stock market year-to-date: Dow -0.99%, S&P 500 -0.16, Nasdaq Composite +1.99.

From: https://www.nbcnews.com/business/markets/dow-drops-500-points-worries-grow-about-economic-impact-coronavirus-n1127556

Posted

I’d call it a healthy drop... as long as the US doesn’t mirror China’s Monday performance when markets open.  There are two big factors in play, and it will be interesting to see which one dominates.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...