The Federal Reserve's emergency measures announced over the weekend have given investors little confidence with Monday marking another major stock market sell off.
Getty Images: Investors sold out of stocks despite the Federal Reserve's shock rate cut as cases of the coronavirus in the United States topped 3,000.1,041 points, 4.5%, as were Nasdaq futures. S&P 500 futures neared the 5% ‘limit down’ as it dropped 4.8%.
But investors remain cautious after several cities in the United States woke up to shutdowns of many businesses, and the number of international cases of the coronavirus overtook those inside China, where the pneumonia-like virus was first detected. China’s retail sales plummeted 20.5% at the start of 2020, from the same period last year according to the National Bureau of Statistics—a far cry from the 0.8% rise analystsIn Europe, shares fell to lows last seen in 2012, while the pan-continental Stoxx 600 initially dropped 8.2%. It is now down by around 7.7%. Airlines and holiday operators took the biggest hit.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Wall Street fears ‘flashbacks to 2008’ with forced selling in $9 trillion U.S. corporate bond marketAfter the most volatile week on Wall Street since the 2008 financial crisis as the coronavirus epidemic began to shut down swaths of the U.S. economy, the health of the U.S. stock and bond markets may now depend on how corporate debt fares in the coming months.
Consulte Mais informação »
Pregnant teen falls from Texas border wall and dies as migrants take more risks to crossA 19-year-old pregnant Guatemalan who fell attempting to scale the border barrier near El Paso has died. Her fetus did not survive.
Consulte Mais informação »
Should Jamie Dimon, Wall Street’s most celebrated boss, call it a day?He is Wall Street’s most celebrated boss. But should the CEO of JPMorgan Chase be thinking about stepping down?
Consulte Mais informação »
An unlikely hero: Surfer sets up toilet paper exchange on Encinitas street cornerAmid reports of hoarding, ‘I just want encourage people to be better,’ surfer says
Consulte Mais informação »
The six days that broke Wall Street’s longest-ever bull marketThis is the story of a Wall Street week for the history books.
Consulte Mais informação »
From healthcare and Wall Street to Silicon Valley and space exploration, here's a breakdown of how the coronavirus is upending every industryHere&39;s a breakdown of how the coronavirus is impacting everything from the healthcare industry to Wall Street, Silicon Valley to space exploration.
Consulte Mais informação »