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turbinetree

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Member since: Fri May 30, 2014, 03:30 PM
Number of posts: 20,038

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Stocks plunge at opening bell, triggering trading halt

Source: Market Watch

Published: March 16, 2020 at 9:36 a.m. ET
By William L. Watts
SPX
-8.14%
DJIA
-9.71%
COMP
-6.12%
Stocks plunged at the opening bell Monday, triggering a 15-minute market-wide trading halt as investors failed to take comfort in the Federal Reserve's emergency policy measures. The S&P 500 SPX, -8.135% fell 220.55 points, or 8.1%, at the opening bell, immediately triggering a trading curb that kicks in at a loss of 7% for the benchmark index. The Dow Jones Industrial Average DJIA, -9.706% dropped 2,250 points, or 9.7%, while the Nasdaq Composite COMP, -6.123% droped 482 points, or 6.1%. Another circuit breaker would kick in if the S&P 500 falls 13% once trading resumes.

Read more: https://www.marketwatch.com/story/stocks-plunge-at-opening-bell-triggering-trading-halt-2020-03-16?mod=home-page



hold on.............................

Market Summary....................March 16, 2020..............Trading Stopped.................

Source: Dow Jones

https://www.google.com/finance?oq=dow+jones&aqs=chrome..69i57j69i59j0l6.3089j1j8&sourceid=chrome&ie=UTF-8&sa=X&ved=2ahUKEwjou4X2jZ_oAhVkmHIEHbYcDDcQ6M8CMAB6BAgaEAI

2250.46 points and its not even 10:00 AM..............

Read more: https://www.google.com/finance?oq=dow+jones&aqs=chrome..69i57j69i59j0l6.3089j1j8&sourceid=chrome&ie=UTF-8&sa=X&ved=2ahUKEwjou4X2jZ_oAhVkmHIEHbYcDDcQ6M8CMAB6BAgaEAI



Report: Mar-A-Lago Closed For Deep Cleaning After 3 Visitors Come Down With Coronavirus

By Cristina Cabrera
|
March 16, 2020 8:51 a.m.

President Donald Trump’s Mar-A-Lago resort in West Palm Beach, Florida reportedly will be closed for a cleaning on Monday after three visitors at the resort tested positive for COVID-19.


CNN reported on Monday morning that the resort undergo a deep cleaning throughout the day in response to the coronavirus cases, which consist of adviser to President Jair Bolsonaro Fabio Wajngarten, acting Brazilian Ambassador to the United States Nestor Forster, and an unnamed Trump campaign fundraiser attendee.

Mar-A-Lago’s beach club across the street from the main building will remain open, according to CNN.

Wajngarten and Forster have been in contact with Trump recently, as has Bolsonaro. The Brazilian president announced last week that he had tested negative for the coronavirus.


https://talkingpointsmemo.com/news/mar-a-lago-closed-deep-cleaning-coronavirus-visitors

Didn't the asshole psychopath say it was "all" a democratic hoax and the media was basically full of shit .........................

Trump Camp Accuses Dem Candidates Of 'Plagiarizing' POTUS' Coronavirus Response

By Cristina Cabrera
|
March 16, 2020 8:02 a.m.


Trump reelection campaign manager Brad Parscale ludicrously claimed on Sunday night that 2020 candidates Joe Biden and Sen. Bernie Sanders (I-VT) cribbed President Donald Trump’s plan to combat COVID-19 during the Democratic primary debate.


“As President Trump leads our country and takes unprecedented action in stopping the coronavirus, it is now clearer than ever that no leaders exist on the Democrat debate stage,” Parscale said in a statement. “Unable to articulate a coronavirus plan, both Bernie and Biden offered little more than plagiarizing President Trump’s response, which will now be the model for all future pandemics.”

Biden and Sanders faced off against each other in a debate with no other candidates for the first time on Sunday night, during which they were pressed on what their response to the coronavirus outbreak would be.

The Vermont senator argued that his Medicare for All proposal would be a long-term solution to help all Americans pay for COVID-19 treatment without having to pay for it themselves, while Biden focused more on the short-term, saying the response “should be coming out of the Situation Room.”

Neither proposal resembled Trump’s response to the virus, which has consisted of downplaying the pandemic as a minor concern, putting off a national emergency declaration only after weeks of pressure from the states, throwing confusion over Google’s role in the administration’s response to COVID-19, and refusing to take responsibility for his administration’s failures in handling the outbreak.

Cristina Cabrera (@crismcabrera) is a newswriter at TPM based in New York. She previously worked for Vocativ, USA Today and NY1 News.

https://talkingpointsmemo.com/news/trump-campaign-accuse-democratic-candidates-plagiarize-coronavirus-response

Its only 8:00 AM east coast time and this idiot thinks the democrats are going to plagiarize" the most incompetent treasonous un-american in this country on pandemic............ ................well asshole you can go pound fucking sand, and nice try on the deflection, (your stock market asshole this morning futures call are down 1,000 points as a side note, because your treasonous boss is so sycophantic and psychopathic he has no clue what he is doing, just like you asshole and he is literally killing people, because he defunded the agency to protect this country..........that is a fact asshole............. ), that has no clue what they are doing...........................but I ..................... ....................you had a person that is married to the asshole that plagiarized a speech from a former first lady..............................you want to see the video...................here let me show you.............................asshole..........................

US moves nearer to shutdown amid coronavirus fears

By TERRY SPENCER and TERESA CRAWFORD
9 minutes ago

CHICAGO (AP) — Officials across the country curtailed many elements of American life to fight the coronavirus outbreak on Sunday, with health officials recommending that groups of 50 or more don’t get together and a government expert saying a 14-day national shutdown may be needed.

Governors were closing restaurants, bars, and schools as the nation sank deeper into chaos over the crisis. Travelers returning home from overseas trips were stuck in line for hours at major airports for screenings, causing them to be crammed into just the kind of crowded spaces that public health officials have been urging people to avoid.

In a sign of the impending economic gloom on the horizon, the Federal Reserve slashed its benchmark interest rate to near zero. President Donald Trump sought to calm a jittery nation by declaring that the government has “tremendous control” over the situation and urging people to stop the panic buying of grocery staples that has depleted the shelves of stores around the country. Gun stores started seeing a similar run on weapons and ammunition as the panic intensified.

As Americans struggled to come to terms with how to change their daily habits, the Centers for Disease Control and Prevention issued a dramatic recommendation: Because large events can fuel the spread of the disease, it said gatherings of 50 people or more should be canceled or postponed throughout the country for the next eight weeks. It added that, at any event, proper precautions should be taken, including making sure people are washing their hands and not getting too close.

https://apnews.com/1510caddee80ea2d73363fab76d55967

US moves nearer to shutdown amid coronavirus fears

Source: Associated Press

By TERRY SPENCER and TERESA CRAWFORD
5 minutes ago

CHICAGO (AP) — Officials across the country curtailed many elements of American life to fight the coronavirus outbreak on Sunday, with health officials recommending that groups of 50 or more don’t get together and a government expert saying a 14-day national shutdown may be needed.

Governors were closing restaurants, bars, and schools as the nation sank deeper into chaos over the crisis. Travelers returning home from overseas trips were stuck in line for hours at major airports for screenings, causing them to be crammed into just the kind of crowded spaces that public health officials have been urging people to avoid.

In a sign of the impending economic gloom on the horizon, the Federal Reserve slashed its benchmark interest rate to near zero. President Donald Trump sought to calm a jittery nation by declaring that the government has “tremendous control” over the situation and urging people to stop the panic buying of grocery staples that has depleted the shelves of stores around the country. Gun stores started seeing a similar run on weapons and ammunition as the panic intensified.

As Americans struggled to come to terms with how to change their daily habits, the Centers for Disease Control and Prevention issued a dramatic recommendation: Because large events can fuel the spread of the disease, it said gatherings of 50 people or more should be canceled or postponed throughout the country for the next eight weeks. It added that, at any event, proper precautions should be taken, including making sure people are washing their hands and not getting too close.


Read more: https://apnews.com/1510caddee80ea2d73363fab76d55967

Today I thought of a psychopath failing to protect its citizens, and I thought of this

and this administration.................after him and 45+ years of libertarian BS ..................gutting the safety net programs..................

Stock-index futures open sharply lower as Fed slashes rates

Published: March 15, 2020 at 6:12 p.m. ET
By William L. Watts

Stock-index futures opened with heavy losses Sunday night, tumbling despite the Federal Reserve's decision to slash its main interest rate nearly to zero and buy $700 billion Treasurys and mortgage-backed securities. Futures on the Dow Jones Industrial Average YM00, -4.558% DJIA, +9.36% fell 854 points, or 3.7%, while S&P 500 futures ES00, -4.784% SPX, +9.28% were down 4.2%. Federal Reserve Chairman Jerome Powell is scheduled to hold a news conference at 6:30 p.m. Eastern.

https://www.marketwatch.com/story/stock-index-futures-open-sharply-lower-as-fed-slashes-rates-2020-03-15

Hold on..........................Monday and the rest of week are going to be dozy.....................

CDC recommends no more gatherings over 50 people for the next 8 weeks -- including Trump rallies

Source: Raw Story

Published 11 mins ago on March 15, 2020
By Sarah K. Burris

President Donald Trump is officially cut off from having rallies, according to the Center for Disease Control.

A new rule was announced by the CDC Sunday, according to Bloomberg News reporter Steven Denis.

“No gatherings of any size without social distancing, hand hygiene, and protecting vulnerable populations,” the guidelines say. And this will go on for eight weeks, or two months.

Just last week, Trump said that he wouldn’t be canceling any of his rallies, but by Friday, he was changing his tune. Now it seems the CDC has barred the political rallies.

While the president says that everything is fine and tells people to “relax,” it’s a huge indication of the seriousness of the situation. It has been 46 days since the first case of coronavirus was detected in the United States.

https://www.rawstory.com/2020/03/cdc-bans-all-gatherings-over-50-people-for-the-next-8-weeks-including-trump-rallies/


Read more: https://www.rawstory.com/2020/03/cdc-bans-all-gatherings-over-50-people-for-the-next-8-weeks-including-trump-rallies/



-snip-
and its tax season...................................now what................

Doctor bashes Trump's claim 'we have control over' the coronavirus:

‘This was really disassociated from reality’

Published 1 min ago on March 15, 2020
By Sarah K. Burris

President Donald Trump told the nation Sunday afternoon that everyone should “relax” about the coronavirus.

“It’s a very contagious virus,” he said. “But something we have tremendous control of.”

Just moments later, Dr. Anthony Fauci corrected the president’s comments, saying, “The worst is, yes, ahead for us.”

Zeke Emmanuel, a former health policy adviser for the Obama administration, said that he wouldn’t issue a diagnosis, but that “this was really disassociated from the reality that we’re seeing out there. And he does not seem to be listening to the experts that he has.”

https://www.rawstory.com/2020/03/doctor-bashes-trumps-claim-we-have-control-over-the-coronavirus-this-was-really-disassociated-from-reality/

When he is boxed in and called a liar he has that malignant psychopath eyes and his arms crossed.................he just doesn't get it..................................you asshole helped spread this shit...........................you did nothing except say that isn't true it was democratic and media hoax..................................
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