Stock futures slid Sunday evening at the open of trading after the Federal Reserve slashed its benchmark interest rate to near zero, a sign that investors remain worried that the coronavirus will fuel a recession even with borrowing costs dropping.
Dow Jones Industrial Average futures slid about 1,040 points, or 4.6%, while S&P 500 futures fell 5% to once again hit a limit designed to stall further drops. S&P futures have hit the 5% limit down several times recently. Changes in futures don’t necessarily reflect moves...
michikokakutani Those whom the Gods wish to punish they first give a 10-year bull market.
Market manipulation and cyber attack by China Russia OPEC Sanction them from our financial markets
I wonder if Dipstick Don will bring this up in his next “ look at me I am an imbecile “ speech?
Can’t keep up with all this winning
Hark is that the sound of the shit hitting the fan
when you tell people not to panic... they PANIC!
Does this make it a Hoax ,,,, again?
Fear Greed Pick 1😂
Short Dow- Fed Clown Show does not help people Central bank money pumped into banks in the billions does nothing for consumers, supply and demand. Why always penny’s for people and billions for banks? This is not going to work
No more bullets for FED to support the markets but I think we will see a rebound
Fed’s action told us Trump is effing up royally, so they have to do something. Market reaction: No one trusts Trump.
realDonaldTrump VP and their team inspire no confidence. Still haven't heard about how states will be supplied with ventilators and mobile hospitals when the shit hits the fan, in like week
Keep calm and drink soup. stocks
Where do I get this free money?
It has dropped before.
Let’s see we were never able to normalize rates after the last recession. We keep printing and printing money while calling for huge programs like Medicare for all and UBI. The average American work ethic compared to the rest of the world is now garbage but we expect it all 1/2
Only 4%?
Act of desperation does not inspire confidence
it’s only a 1 pt rate drop, now what more can they do it’s at 0? The tools to combat this type of event were used during a boom to juice the market. They can print more money? That’s all that’s left.. while this goes on globally 1 month, 6 months, maybe 1 year? No one knows...
I was impressed by the Presidents civil tweets Friday night and Sat morning ... then right back to bashing Jay P and crew. I know it doesn’t help and it may even hurt ...
AGAIN! jivoewanvuiphaeorip! GREATDEPRESSION WWIII HERE YOU GO, I'M WINNING LOTTO OVER HERE! OVER AND OVER AGAIN. WINNING THE LOTTO OVER AND OVER AGAIN FOR ME .
Limit down as expected. FED’s move was wrong. Timing was terrible. I can feel its panic even from my Ipad here 5.000 miles away!
Aw. Donny will not be happy.