Dow falls 1,700 points as Trump's crisis response underwhelms traders, slams stocks

[Cimorene]

Dow falls 10 percent in brutal day for markets
It is the worst day for the Dow since the 1987 crash.

Investors had been anticipating robust economic relief as part of President Donald Trump's address to the nation on Wednesday night, in line with his pledge earlier this week to take "major steps" and implement a "very substantial" tax cut as part of the administration's response to the pandemic.

However, markets were underwhelmed by the economic stimulus package, which offers emergency loans to small businesses, deferred tax payments for some people, but made no specific mention of paid sick leave or free testing for the coronavirus, which continues its spread across the U.S.

 

[JCFantasy23]

 

[ananda]

What goes up must come down.

Supporting the rich beggars on wall street with money pilfered from the pockets of main street is not moral, ethical, or effective.

 

[Desk trauma]

Down 2,350 now.

 

[Cimorene]

Disneyland just closed so that's gonna have an impact on stock.

 

[SummerMadness]

Disneyland never closed under Obama.

 

[cow451]

Disneyland just closed so that's gonna have an impact on stock.

So the fundamentalist boycott worked!
Is it Time to Boycott Disney?