Coronavirus only part of the story behind the Dow’s drop

Posted on AllSides February 25th, 2020
From The Left
banking, finance, stock market, coronavirus

As someone has certainly told you by now, the Dow fell by more than 1,000 points yesterday, its worst day in more than two years, erasing all of 2020's gains. Most news headlines assert that the stock market's momentum was finally broken by "coronavirus fears," but that's not the full story.

What's happening: The novel coronavirus has been infecting and killing scores of people for close to a month and, depending on the day, the market has sold off or risen to record highs.

The virus has pushed out of...

Read full story
https://www.axios.com/coronavirus-only-part-of-the-story-behind-the-dow-drop-5da5d27f-c2b5-4ce0-9101-21e84533eb13.html

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right