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The Dow Jones Industrial Average Slides 700 Points as Coronavirus Fears Accelerate

March 5, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average is off another 700 points Thursday as investors continue the rollercoaster in the markets.

Despite yesterday's 1,000-point gain, markets continue to monitor government reactions to coronavirus and the rising number of cases on the West Coast.

The death toll in the United States has reached 11, and the number of confirmed cases has topped 160.

This morning, Facebook (NASDAQ: FB) announced plans to shut one of its Seattle offices after a contractor tested positive for coronavirus.

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Dow Jones

The Dow Jones Industrial Average Claws Back as the Federal Reserve Responds to Coronavirus

March 4, 2020 by Garrett Baldwin 2 Comments

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The Dow Jones Industrial Average gained back more than 500 points today after the Federal Reserve cut rates in response to coronavirus fears.

The central bank cut rates by 50 basis points, and the 10-year Treasury bond fell under 1% for the first time in history.

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Dow Jones

The Dow Jones Industrial Average Gripped by Volatility Despite Yesterday's 1,200-Point Gain

March 3, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average will react to a Group of Seven meeting today where industrial powers discuss the economic impact of the coronavirus.

But despite global efforts to control the virus, investors fear moment-to-moment swings in the Dow today.

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Dow Jones

The Dow Jones Industrial Average Remains Volatile as Coronavirus Fears Escalate

March 2, 2020 by Garrett Baldwin 1 Comment

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The Dow Jones Industrial Average is tied to investor uncertainty over the coronavirus today.

While the Dow regained some of last week's losses this morning, investors continue to flock to safe-haven assets.

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Dow Jones

The Dow Jones Industrial Average Remains Volatile After Historic Losses

February 26, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average is reeling after a massive two-day selloff that wiped away $1.7 trillion from the domestic stock market's value.

With earnings season in full swing, investors will take any value they can find to combat the uncertainty.

More on what's moving the Dow below. And be sure to check out our Money Morning Insight of the Day...

Dow Jones

The Dow Jones Industrial Average Drops More than 1,000 Points at Session Low Today

February 24, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average could lose more than 600 points today on South Korea's 600 reported coronavirus cases.

South Korea raised alert on coronavirus to the "highest level" this morning. The ongoing spike of cases outside of China has driven governments to panic, while analysts continue to warn that global economic growth is poised to slump.

Read more here...

Dow Jones

The Dow Jones Industrial Average Ticks Higher on China Response to Coronavirus

February 19, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average could bounce back today with signs the coronavirus is being contained.

Markets are poised to snap a three-day losing streak in the Dow today.

Plus: Look for big names set to deliver earnings reports today...

Dow Jones

The Dow Jones Industrial Average Slides on Apple’s Coronavirus Announcement

February 18, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average is pointing down after Apple Inc. warned about the ongoing spread of the coronavirus across China.

The tech giant downwardly revised its quarterly revenue forecast, citing weak Chinese demand and stalled production of its top gadgets.

More on this story below. Plus, see what else is moving the Dow Jones today…

More on this story below. Plus, see what else is moving the Dow Jones today...

Dow Jones

The Dow Jones Industrial Average Gains 200 Points as Coronavirus Worries Ease

February 12, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average soared over 200 points this morning as optimism over the coronavirus prevailed.

Fears of the virus' economic consequences have dwindled.

But there are murmurs that the ongoing outbreak could interfere with commitments by China to honor its deal to purchase U.S. agricultural products.

The latest figures show that cases have surpassed 44,500 and more than 1,110 deaths.

Read more...

Dow Jones

Dow Jones Industrial Average Is Flat as Coronavirus Death Toll Passes 900

February 10, 2020 by Garrett Baldwin Leave a Comment

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The Dow Jones Industrial Average will shrink back today after reports that 23 Americans have contracted coronavirus while aboard a cruise ship quarantined in Japan.

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