Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
CNBC logoDow plunges more than 700 points on worries of second coronavirus wave, airlines and retailers fall
Stocks fell sharply on Thursday as coronavirus cases increased in some states that are reopening up from lockdowns. Shares that have surged recently on hopes for a smooth reopening of the economy led the declines.
The Dow Jones Industrial Average traded 764 points lower, or 2.9%. The S&P 500 slid 2.5% while the Nasdaq Composite dropped 2.2%.
Shares of United Airlines, Delta, American and Southwest all dropped more than 10%. Carnival Corp. and Norwegian Cruise Line shares fell more than 14%. Gap and Kohl’s shares also fell more than 9% each.
Congratulations on the good news! The protests had their intended results it seems!
Actually, it seems you don't read too well.
Quote:
Originally Posted by Eeyore1954
I hate the silly headlines given for the reason of stock market movements. The fact that there may be a second wave is not new news.
Try reading the whole article, not just headlines.
Companies such as these were hardest hit by the virus the first time through, and they are taking a hit again for the same reason
Quote:
Shares of United Airlines, Delta, American and Southwest all dropped more than 10%. Carnival Corp. and Norwegian Cruise Line shares fell more than 14%. Gap and Kohl’s shares also fell more than 9% each.
Quote:
Dow plunges as there are more sellers than buyers.
No sweat Einstein. Your garage is being flooded because the water level outside is higher than the floor of your garage. Go back to sleep. No need to know why the water is rising outside.
CNBC logoDow plunges more than 700 points on worries of second coronavirus wave, airlines and retailers fall
Stocks fell sharply on Thursday as coronavirus cases increased in some states that are reopening up from lockdowns. Shares that have surged recently on hopes for a smooth reopening of the economy led the declines.
The Dow Jones Industrial Average traded 764 points lower, or 2.9%. The S&P 500 slid 2.5% while the Nasdaq Composite dropped 2.2%.
Shares of United Airlines, Delta, American and Southwest all dropped more than 10%. Carnival Corp. and Norwegian Cruise Line shares fell more than 14%. Gap and Kohl’s shares also fell more than 9% each.
I love how Far Leftists CHEER bad news as if they WANT it to happen and for people to SUFFER. There will be no second wave as there wasn't even a first wave of any magnitude more than a bad Flu. The lock down was totally unnecessary and now the LEFT wants to extend it at least to the ELECTION. Nice try, but TOO OBVIOUS.
Oh, I read the spin, brilliant stuff. You can't expect intelligent people to believe that nonsense though. The average incubation time for COVID-19 is 4 days, testing takes about 3 days. The Floyd protests/riots started just over 2 weeks ago. If you saw any of the video or even pictures from them, you'd see exactly why we're going to have a wave of cases from that stupidity.
I'm sure you know that, but again, I appreciate the spin.
Coronavirus is never going away, and not everyone can sit at home all day with a mask on watching CNN over a virus with a 99% survival rate
Not to mention your fellow liberals seem to not care about it anymore since they are congregating in the thousands to “protest”
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
