Pound for pound, there is much more to life viral and bacterial on earth than there are humans. So, in a sense, it is the world of coronavirus. We just live in it.
And while investors are content to ignore that some days, others are more difficult to do, especially when you put trade tensions into the mix. Stocks began the day in the red and retreating in the early afternoon.
Dow Jones Industrial Average
dropped 2.2%, while the
had beaten his record with a drop of 1.8%.
While investors have placed their hopes in a vaccine, it is not yet here, which is a growing concern as the spread of the virus persists. Even some States with policies of laissez-faire in the most important start to take security measures more seriously as the number of cases increases. This is nothing new. The bulls may argue that on the positive side, if more States are folded up, this will encourage even more the government to approve a new round of stimulus measures, and soon.
But unfortunately, all the investors should not worry about it. The concern of a new series of tariffs on a multitude of european food scares in the market.
The total amount, approximately $ 3.1 billion, “appears to be low relative to the volume of exchanges … But this, plus the outbreak of new cases of the virus in California, Texas and Arizona, have given … a negative tone,” noted Nat Alliance Securities. “Andrew Brenner.
About the stocks the individual,
(DELL) continued to buck the trend, increasing by 7.7% in the hope that it may withdraw from its participation in
(LUV) was down 6.4%, not only because of Covid-19, but by worry, it could trigger a price war.
(WFC) dropped 3.5% after Raymond James has warned that he may be forced to reduce its dividend.
Write to Teresa Rivas to [email protected]