Stocks sink again as coronavirus sell-off reaches a new low
Stocks tumbled again Wednesday, closing at a new coronavirus crisis low as investors worried about the economic damage from the pandemic.
The Dow dropped 1,338 points, or 6.3%, to close below 20,000 for the first time since February 2017. It was down more than 2,300 points earlier. The S&P 500 was down 5.2% and closed nearly 30% below a record set last month. The broad index also dipped below 2,351, its closing low during the Christmas 2018 sell-off. The Nasdaq slid 4.7%.
Virtually no market was safe from the selling wave, with U.S. crude prices having their third-worst decline on record.
Stocks came off their lows in the final minutes of trading after the Senate obtained the votes to pass a coronavirus relief plan to expand paid leave.
https://www.msn.com/en-us/money/markets/stocks-drop-again-as-coronavirus-turbulence-rolls-on/ar-BB11knGE?li=BBnb7Kz
Fuck all the assholes who thought Trump was some sort of financial genius. I and many others caught onto his bullshit game a long time ago before he ever ran for president.