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The U.S. stock market crashed for a second straight day. The Dow and S&P 500 plummeted more than 3%. CDC officials intensified the sell-off when they called the spread of the coronavirus in the United States inevitable. The Trump administration attempted to bolster stock market confidence by claiming the
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The Dow Jones Industrial Average (DJIA) looked set to rebound from yesterday’s devastating crash. But after rallying nearly 200 points, the index lurched back into decline. Here’s why the stock market suddenly plunged back into crash mode. After yesterday’s 1,000 point Dow Jones Industrial Average (DJIA) rout, stock market
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Over the past few hours, Bitcoin (BTC) has started to tank lower once again, reaching $9,350 just an hour or two ago on some exchanges. The asset has since seen a slight bounce, returning to $9,400. This means that in the past 24 hours, the price of the leading cryptocurrency has
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Dow Jones Industrial Average (DJIA) futures bounce back after yesterday’s brutal 1,000 point plunge. Harvard professor says the coronavirus likely can’t be contained and could infect more than half the world’ population. The impact on global GDP could be more than $1 trillion. After the worst selloff in two
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The Dow Jones nosedived Monday, but investors who are willing to take a risk could use this dip to nab value stocks. Warren Buffett reminded investors not to panic over the weekend as coronavirus spread throughout Italy. While the virus is likely to dent global growth, the impact is
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The Dow plunged 1,000 points Monday morning. Is that because the stock market is pricing in the risk of a Bernie Sanders win in November? While coronavirus is clearly weighing on investors, it may be no coincidence that markets plunged after Bernie crushed the Nevada caucuses. Many financial analysts
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Dow Jones Industrial Average (DJIA) plunged 800 points overnight in a brutal free-fall. The rapid spread of coronavirus outside China has investors fleeing the stock market. Cebile Capital analysts now see a 25% pullback in stocks. The U.S. stock market looks set for a disastrous open with Dow Jones
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Dow futures crashed over 1.5% at the open of trade on Sunday. Xi Jinping wobbled stocks after admitting China made mistakes as the coronavirus spreads rapidly in Italy, South Korea and the Middle East. Further problems for the Dow Jones emerged after Bernie Sanders comfortably won the Democratic primary
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A terrible PMI reading prompted a massive slide in the Dow Jones Industrial Average (DJIA) on Friday. Stock market bulls appear to have underestimated the effect of the coronavirus on the U.S. economy. Donald Trump’s phase one deal with China looks unlikely to be fulfilled, posing a significant risk
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The Dow Jones Industrial Average (DJIA) declined on Friday, setting the index up to record a weekly loss. Damage from the coronavirus outbreak prompted another Dow 30 component to cut its earnings guidance. The infection toll continues to mount outside of China, especially in South Korea and Japan. The
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