Dow Plunges to Biggest Loss in History on Coronavirus Fears

[Joe V]

WOW!! 1,200 point drop. This is a disastrous week for Wall Street. It looks like investors are reacting to the ongoing global coronavirus outbreak.

If California gets worse expect more bad news.

THE DOW JONES Industrial Average closed Thursday down nearly 1,200 points – its largest single-day drop in history – as you.S. stocks were driven into correction territory by escalating concern over the ongoing coronavirus outbreak.

The Dow shed nearly 4.5%, closing at its lowest level since August and weathering a sixth consecutive day of losses. The Standard & Poor's 500, similarly, dropped more than 4.4% on Thursday. Both the Dow and S&P 500 are down 11% from where they ended last week.

https://amp.cnn.com/cnn/2020/02/27/investing/dow-stock-market-selloff/

[TriciaJ, RN]

To be expected. Stocks are traded heavily on emotion. This is a really good time to pick up some bargains if you trade on the stock market. The stock market can be relied on to correct itself up and down.