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Dow plummets, trading briefly suspended after Trump's coronavirus response sparks market sell-off Dow plummets, trading briefly suspended after Trump's coronavirus response sparks market sell-off
NBC ^ | 3/12/20 | Lucy Bayly

Posted on 03/12/2020 8:57:23 AM PDT by david1292

The Dow Jones Industrial Average fell by 2,000 points Thursday morning after President Donald Trump’s long-awaited response to the coronavirus epidemic triggered a massive sell-off on Wall Street.

The S&P 500 plunged by 7 percent, triggering a circuit breaker, which halts all trading on the New York Stock Exchange for 15 minutes.

All three major averages sank after Trump’s Oval Office address Wednesday night failed to satisfy traders who were hoping for more concrete steps to allay any economic slowdown from the viral outbreak.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy; Government; Miscellaneous; News/Current Events
KEYWORDS: communityspread; covid19; learnhowtopost; skyisfallingbuybuy
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1 posted on 03/12/2020 8:57:23 AM PDT by david1292
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To: david1292

Sorry for the double topic. Stupid computer messed up.


2 posted on 03/12/2020 8:58:54 AM PDT by david1292
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To: david1292

Where’s the Goebbels picture?

The market is NOT SELLING OFF because of TRUMP.

It’s people being people and falling prey to panic.


3 posted on 03/12/2020 8:59:00 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: david1292

$30 OIL! COVID-19?


4 posted on 03/12/2020 8:59:06 AM PDT by the_daug
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To: david1292

There are three types of people during a sell off: those who panic, those who don’t and those who take advantage of the panic of those who panic.


5 posted on 03/12/2020 8:59:07 AM PDT by Rurudyne (Standup Philosoper)
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To: david1292

Where’s the Goebbels picture?

The market is NOT SELLING OFF because of TRUMP.

It’s people being people and falling prey to panic.


6 posted on 03/12/2020 8:59:34 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: david1292

So, the left attacked Trump for doing everything possible to avoid this and then they want to blame him for it?


7 posted on 03/12/2020 9:01:39 AM PDT by circlecity
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To: Buckeye McFrog

What happened to stocks during the Spanish Flu? Asian Flu? Hong Kong Flu?


8 posted on 03/12/2020 9:02:08 AM PDT by kaktuskid
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To: david1292

America’s “investor” class.

Good thing Bloomberg knows how to farm.


9 posted on 03/12/2020 9:02:19 AM PDT by Empire_of_Liberty
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To: david1292

Haha! Blame a down market morning on pdjt’s speech ?? It was a good enough speech. And leftists should applaud since pdjt spoke about subsidies and market supports. But since the extreme leftists seem to feel they always MUST try undermining the administration, we guess we just have to expect their negative remarks no matter what


10 posted on 03/12/2020 9:03:10 AM PDT by faithhopecharity ( “Politicians are not born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE).)
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To: david1292

Oh, Trump’s fault. I’m SHOCKED! SHOCKED, I say.

EVERYBODY needs to bookmark this GREAT COVID-19 info site suggested by American Thinker!

https://ncov2019.live/data


11 posted on 03/12/2020 9:04:48 AM PDT by faucetman (Just the facts, ma'am, Just the facts)
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To: faithhopecharity

Nancy Pelosi has a Christmas wish list of all sorts of pork in her stimulus offer. It’s a non-starter, as it should be. Trump needs to stare down the Dems on this, crisis or no crisis.


12 posted on 03/12/2020 9:06:02 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: Buckeye McFrog

How else to explain a bond fund falling 8/10ths of a percent? I wish I was still working and had an income stream to buy in.


13 posted on 03/12/2020 9:06:02 AM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: faithhopecharity

The futures dipped after the speech. So investors aren’t happy with it. Apparently they wanted more assurances the virus wasn’t going to cause an economic impact. But now it seems everyone says that it will at least for the short-term. And so now you got panic.


14 posted on 03/12/2020 9:06:50 AM PDT by david1292
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To: david1292

Watching NBC is like dropping acid.


15 posted on 03/12/2020 9:07:12 AM PDT by FlingWingFlyer (You can vote your way into socialism but you have to shoot your way out of it.)
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To: david1292

Dems and the Fake News have to be laughing their A$$es off at the mass hysteria they’ve helped to create over 4,751 deaths from a non-pandemic virus!

Sadly they are being aided by a conservative site that should know better!


16 posted on 03/12/2020 9:08:26 AM PDT by Artcore (Trump 2020!)
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To: david1292

What did they expect. Most investors are little babies who can’t see the wood for the trees. They deserve to lose their money.


17 posted on 03/12/2020 9:08:29 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: FlingWingFlyer

I’d rather watch Soviet-era “Vremya”.


18 posted on 03/12/2020 9:09:01 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: david1292
Dow plummets, trading briefly suspended after Trump's coronavirus response sparks market sell-off Dow plummets, trading briefly suspended after Trump's coronavirus response sparks market sell-off

Trump should declare a State of Emergency just to get these lying leftards to stop spewing their utter bullshit.
19 posted on 03/12/2020 9:09:13 AM PDT by farming pharmer
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To: FlingWingFlyer

Watching NBC is like dropping acid.
......

You mean you must drop acid in order to watch NBC.


20 posted on 03/12/2020 9:11:36 AM PDT by redshawk ( I want my red balloon. ( https://youtu.be/V12H2mteniE))
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