What Will Happen Stock Market Monday
Here is what will happen to stocks over the next 30 days.
What will happen stock market monday. What happens next after the coronavirus stock market crash. With the stock market in positive. Stock market touched all time highs in february just before covid 19 took root in the u s. On thursday the dow jones s p 500 and nasdaq all closed down.
Financial markets cratered on monday as investors were confronted with evidence that a steep decline in the world s largest economies may. Stocks plunge in worst drop of coronavirus outbreak. The stock market has been in a free fall this week as spread of the coronavirus brings with it concerns of global economic slowing. The dow tanked by 1 031 60 points or 3 56 to 27 960 80.
The nasdaq composite surged 1 4 to 9 726 02. The s p 500 climbed 0 8 to end the day at 3066 59. The market picked up right where it left off building on the strong gains from april and may. Monday s rebound sets the stage for choppy trading but bulls are likely to win in the end.
This week s black monday was a timely reminder of what a tiny virus can do according to dw s henrik böhme. Many on the street would point to the tax cuts as the main driver of surging valuations. News of even more stimulus from the. 5 things to know before the stock market opens monday.
The s p 500 dropped 3 35 to 3 225 89. The dow gained 157 62 points or 0 6 to close at 25 763 16. Stocks plunged more than 7 5 in the worst day on wall street since the financial crisis as a full blown oil price war rattled financial markets already on edge over the spreading coronavirus. A jump in coronavirus cases outside of china.
The nasdaq composite fell 3 71 to close at 9 221 28. Pushing the company s stock market value below 1 trillion.
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