Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Breaking: Wall Street Plunges Again as CDC Sees ‘Inevitable’ U.S. Virus Spread

Stock MarketsFeb 25, 2020 02:50PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

Investing.com – Stocks plunged for the second session in a row Tuesday as investors fled risk following comments from the Centers for Disease Control and Prevention that the U.S. faced further spread of Covid-19.

  • The Dow Jones Industrial Average dived 3%, or 840 points. The S&P 500 sank 2.8% and the Nasdaq Composite tumbled 2.4%.
  • The CDC said that Americans should prepare for the “inevitable” spread of Covid-19 and that there will be disruptions to everyday lives of Americans. The market shrugged off assertions from White House adviser Larry Kudlow that in the U.S. the virus is contained “pretty much airtight.”
  • The United States 10-Year Treasury yield set a new-all time low of 1.307% as money flooded into safe havens like bonds.
  • Breaking: Wall Street Plunges Again as CDC Sees ‘Inevitable’ U.S. Virus Spread
     

    Related Articles

    Add a Comment

    Comment Guidelines

    We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

    •            Enrich the conversation, don’t trash it.

    •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

    •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

    • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
    • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
    • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
    • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
    • Only English comments will be allowed.

    Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

    Write your thoughts here
     
    Are you sure you want to delete this chart?
     
    Post
    Post also to:
     
    Replace the attached chart with a new chart ?
    1000
    Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
    Please wait a minute before you try to comment again.
    Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
    Comments (16)
    MW Locks
    MW Locks Feb 26, 2020 2:23AM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    Silly bond buyers, nice try but there are no fire exits this time.
    Jeffrey Cachia
    Jeffrey Cachia Feb 25, 2020 10:19PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    Well, that's not a positive headline...
    Leandros Gkezos
    Leandros Gkezos Feb 25, 2020 8:22PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    Down to 0 where it belongs
    Jedrek Zak
    Jedrek Zak Feb 25, 2020 4:08PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    I'd buy some stock every dip. This will come back and then some. Market was inflated. All it needed was some negative news.
    Rick Ranz
    Rick Ranz Feb 25, 2020 3:48PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    In some way or another trump will blame all others all nations, and will only stir the pot to anger the Nations trying to do good in the help of curing this Health problem, trump will only point fingers
    Matt Kay
    Matt Kay Feb 25, 2020 3:43PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    Coronavirus will solve our social security issues by.. um .. reducing expenditures...
    Lukasz Pisarczyk
    Lukasz Pisarczyk Feb 25, 2020 3:40PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    100% manipulation, powerful getting richer
    Wojciech Cies
    Wojciech Cies Feb 25, 2020 3:40PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    Yeah, sure. And Chinese locked down tens of millions of people just for fun and smoke and mirrors...
    Space Lord
    Space Lord Feb 25, 2020 3:40PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    The only manipulation is pump
    Kyle Mack
    Kyle Mack Feb 25, 2020 3:09PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    And the AFC team won the Super Bowl.
    Jedrek Zak
    Jedrek Zak Feb 25, 2020 3:09PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    lol ******you Kyle Shanahan!
    Jedrek Zak
    Jedrek Zak Feb 25, 2020 3:09PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    d a m n*
    Blake James
    Blake James Feb 25, 2020 3:07PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    no vaccine   market is tired   just normal correction.   Up from here , it is election year.  even if the fed has to go to neg interest rates.  up from here
    John Lakran
    John Lakran Feb 25, 2020 3:07PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    A MA company Moderna Therapeutics just sent a vax to the NIAID yesterday for phase 1 trials
    Dan Hodel
    Dan Hodel Feb 25, 2020 3:07PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    A long overdue correction. The market has been pumped up on debt, and printing money. Trump wants lower interest rates to keep the market pumped up to election time. Homes are overvalued, inflation on groceries, and basic needs inflated higher than the increase in pay to the workforce. Winning bigly is fun, until you have to pay off debt.
    Everton Pedroso
    Everton Pedroso Feb 25, 2020 3:07PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    so you say is going to keep going down,?
    ATOMIQ ILYA
    ATOMIQ ILYA Feb 25, 2020 3:05PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    Btfd!
    Lyu Se
    Lyu Se Feb 25, 2020 3:02PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    There is already a vacine. People are just too much scared of a flu.
    Dexter dexter
    Dexter dexter Feb 25, 2020 3:02PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    where did you get the confirmation for the vaccine?
    Amir Waqas
    Amir Waqas Feb 25, 2020 2:57PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    again buy ??
    Amir Waqas
    Amir Waqas Feb 25, 2020 2:56PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    nazdaq right now ?
    nick bryson
    nick bryson Feb 25, 2020 2:55PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    the markets needed an excuse to plunge. bears have seen thus coming for years. they thought 2016 would do it, then Dec 2018 was suppose to do it, now a world wide pandemic with Chinese factories closing down they think they have it. my response...maybe
    Junior Cruz
    Junior Cruz Feb 25, 2020 2:55PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    2018 dec was good for me made 30% on my first week in the market
    Truth Reveller
    Truth Reveller Feb 25, 2020 2:55PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    wait until 70 million Americans retire next ten years and draw on their pensions.
    Huy Nguyen Quoc
    Huy Nguyen Quoc Feb 25, 2020 2:55PM ET
    Saved. See Saved Items.
    This comment has already been saved in your Saved Items
    What will be will be - Congratation short side to keep now
     
    Are you sure you want to delete this chart?
     
    Post
     
    Replace the attached chart with a new chart ?
    1000
    Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
    Please wait a minute before you try to comment again.
    Add Chart to Comment
    Confirm Block

    Are you sure you want to block %USER_NAME%?

    By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

    %USER_NAME% was successfully added to your Block List

    Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

    Report this comment

    I feel that this comment is:

    Comment flagged

    Thank You!

    Your report has been sent to our moderators for review
    Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

    Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
    Continue with Google
    or
    Sign up with Email