Wednesday, March 4, 2020

Stock Market Sinks 2.9 Percent After Federal Reserve Cuts Interest Rate

https://time.com/5795105/stock-market-coronavirus-updates/

 — Fear and uncertainty continue to control Wall Street, and stocks fell sharply Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets wracked by worries that a fast-spreading virus will cause a recession.
The Dow Jones Industrial average sank 785 points, or 2.9%. It had surged 5% a day earlier on hopes for a broader set of stimulus measures.

 

2 comments:

  1. Really? After several years of being subjected to political posts on this blog, now we have to get stock reports, too?

    ReplyDelete
  2. This "news" is already 2 days old.

    ReplyDelete

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