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StarryNite

(9,444 posts) Fri Mar 13, 2020, 02:38 AM Mar 2020

Dow Futures Point to Friday Bloodbath as Coronavirus Shock Hits Home

"Dow Jones futures plunged by as much as 623 points in overnight trading Thursday.
U.S. stocks are coming off their worst day of trading since 1987 as trillions were wiped from major exchanges.
Empty store shelves, cancelled sports seasons and remote work orders to prevent coronavirus spread exemplify how ordinary life is being disrupted in North America."

[link:https://www.ccn.com/dow-futures-point-to-friday-bloodbath-as-coronavirus-shock-hits-home/|

5 replies

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Dow Futures Point to Friday Bloodbath as Coronavirus Shock Hits Home (Original Post) StarryNite Mar 2020 OP

futures are positive now Demovictory9 Mar 2020 #1

-623 aeromanKC Mar 2020 #2

+507 @ 4:43 AM EST Indykatie Mar 2020 #3

It may be a little rally upward , but I think it will collapse duforsure Mar 2020 #4

Oftentimes there's a very strong rebound ... Tennessee Hillbilly Mar 2020 #5

Demovictory9

(32,449 posts)

1. futures are positive now

Reply to StarryNite (Original post)

Fri Mar 13, 2020, 02:41 AM

Mar 2020

aeromanKC

(3,322 posts)

2. -623

Reply to StarryNite (Original post)

Fri Mar 13, 2020, 02:55 AM

Mar 2020

Heck, this week that's almost a rebound!!

Indykatie

(3,696 posts)

3. +507 @ 4:43 AM EST

Reply to aeromanKC (Reply #2)

Fri Mar 13, 2020, 04:44 AM

Mar 2020

duforsure

(11,885 posts)

4. It may be a little rally upward , but I think it will collapse

Reply to StarryNite (Original post)

Fri Mar 13, 2020, 06:04 AM

Mar 2020

And tank a lot more as long as trump keeps lying to the American people about this, which he will. No one trusts anything he says now.

Tennessee Hillbilly

(587 posts)

5. Oftentimes there's a very strong rebound ...

Reply to StarryNite (Original post)

Fri Mar 13, 2020, 06:54 AM

Mar 2020

immediately after a big drop.

It happens because the bank market-makers and specialists are able to quickly raise bids when selling temporarily subsides.

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