Exactly. Stocks fell mostly on the Fed comments from Wednesday PM (after selling off nearly 300 points that day alone, followed by yesterday’s bloodbath).
Big increases in the COVID numbers also spooked investors as that’s likely to cause a slow-down in the re-opening, or perhaps even lead to further lockdowns/restrictions.
The market hates uncertainty, and we got boatloads of increased uncertainty in the last 48 hours.
Seattle is a giant cluster and Trump needs to step in to fix it ASAP, but I seriously doubt yesterday’s market action had much of anything to do with Seattle.
2,400 point drop off the high in three days. Pretty substantial fall in such a short period of time.