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Hunchbackgeek

03/02/20 1:02 PM

#9745 RE: abc1938 #9744

At this minute the DOW, Nasdaq, and S&P... are in the green. Just stating what I see.

OGI

Hunchbackgeek

03/02/20 4:25 PM

#9748 RE: abc1938 #9744

"History shows that markets tend to post powerful... rebounds the week after such severe selling. And that scenario is playing out Monday, with the S&P 500 climbing nearly 3% on hopes that global central bankers will respond to the crisis by slashing interest rates. The Dow climbed more than 750 points, recovering a chunk of last week's 3,583-point nosedive.
History shows that type of recovery is expected." https://www.cnn.com/2020/03/02/investing/dow-jones-coronavirus-stocks/index.html