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Dow plunges 974 points after Trump warns of ‘painful’ times to come and a ‘shocking’ coronavirus death toll
Investors were rattled by Trump telling Americans to brace for a "very, very painful two weeks" during an address on Tuesday.
Dow slumps 800 points after Trump warns of ‘painful’ times to come and a ‘shocking’ coronavirus death toll
Trump told Americans to brace for a "very, very painful two weeks," adding, "this is going to be three weeks like we've never seen before."
US stocks extended gains from a rally last week as Johnson & Johnson and Abbott Labs served as bright spots for investors.
Dow gains 200 points after President Trump extends coronavirus social distancing measures through April
The gains came after choppy premarket trading as markets weighed a slew of news on the coronavirus pandemic.
The Dow has spiked more than 21% in just three days, a stunning reversal triggered by the coronavirus aid bill.
US weekly jobless claims spiked to a record 3.3 million as coronavirus triggers widespread unemployment — but stocks are up anyway.
Dow gains 300 points as investors weigh government plans to shield economies from coronavirus fallout
All three major US indexes extended gains from Thursday trading amid turbulent trading in all sorts of global markets.
The S&P 500's 7% drop around mid-day triggered a so-called circuit breaker, which halted trading for 15 minutes around 1 p.m. ET.
"Investors fear that the current economic trajectory will only point to a dreaded global recession," said Han Tan of FXTM.
A volatile stock market has repeatedly triggered so-called circuit breakers. Here’s what they are, and what sets them off.
While seeing trading suspended can be alarming, the pauses also show that market circuit breakers are working as they should be.