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Dow Jones Plunged 1000 Points as CDC Warns of Possible Coronavirus Outbreak

The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.Things are clearly not looking good for the global markets as threats of a global coronavirus outbreak intensifies. On Thursday, the Dow Jones dropped 4.5% over 1000 points dragging down several bluechip stocks as well!On...

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Dow Jones Futures Rise Almost 300 Points on Tuesday after Monday’s 2-Year Record Crash

The Dow Jones futures plummeted quite terribly yesterday. However, today, it has gained almost 300 points on its way to recovery.The coronavirus is still a major problem not just health-wise, but for financial markets as well. All of the uncertainty, fear and doubt stemming from the outbreak which started last year, has caused very visible effects on the world’s stock markets. Yesterday, stocks crashed badly, signifying the market’s worst plunge in 2 years. Now, a rise can be observed as the...

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Dow Jones Futures Lose 800 Points, Warning of 25% Crash Remains in the Cards

Dow Jones futures plunges 800 points as the market opened in the European session. Analysts are speaking about a future market recession with possibilities of a 25% crash in Dow futures, as the coronavirus fears are spreading.Dow Jones Industrial Average (DJIA) plunged 800 points in the wake of Monday morning during the early trading hours in the European session. The sudden free-fall of the U.S. stocks is attributed to the increase in coronavirus outbreak alias COVID-19 cases outside...

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Sony, Facebook to Avoid Game Developers Conference amid Coronavirus Threat

Sony, Facebook pulled out from the yearly computer games development conference due to coronavirus panic. The Dow and Treasuries drop, attracting investors to aim better at their future plans.On Thursday, the corporations have announced that they won’t attend San Francisco. Industry giants don’t want to participate in the Game Developers Conference during virus uncertainty. As per a scheduled conference in Boston called PAX East, it has a refusal from Facebook Inc. (NASDAQ: FB) to feature...

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Morgan Stanley Demotes Roku as Investors Abandon Momentum Stocks

American multinational investment bank and financial services company Morgan Stanley has changed its rating on stocks from Roku, the on-demand video streaming platform backed by Fox. Even though Roku has had an amazing year and climbed quite explosively in the stock market with 400% year-to-date YTD returns, Morgan Stanley dropped its Roku rating from equal weight to underweight.In a recent note to the company’s investors titled “It’s All Priced In”, Morgan Stanley analyst Benjamin Swinburne,...

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