Plummet US stocks since 1987, Black Monday in Worst Day

Plummet US stocks since 1987, Black Monday in Worst Day

(Bloomberg) – US stocks fell, with benchmark indicators since 1987, their worst decline in the publication, as investors are extraordinary bond purchases by the Federal Reserve reported economic measures and proposals by Donald Trump, is not enough to meet the economic impact of counter Corona, All three major US stocks fell teachings to lose with the Dow Jones Industrial Average and S & P 500 before the most since black Monday more than three decades by more than 9% . Ten-year Treasury yields erased declines and crawled higher than the $1.5 Katherine political promise liquidity, quantitative easing reminds employees in the financial crisis. Oil and precious metals fell, palladium, entering a bear market since fallen more than 20% on Thursday. The storage router was world with the European benchmark of 11% in a record loss. Brazil’s Ibovespa fell 20% at one point, extending the loss this year to nearly 50% in US dollars. the main teaching of Canada was greater than 12%. With the cleaning S & P 500 to try all its gains by the end of 2018, investors guessing measures the effectiveness of policy makers to reduce the spread of the crown and limit curb their economic damages. failed to impress the travel ban Trump warm and fiscal measures most observers. Spirits were dampened further by the new ban on public gatherings in the US and suspend professional sports leagues handling operations. “The markets will probably be more. More innovation by central banks, more targeted assistance for the most vulnerable parts of the economy – and the actions of the tax authorities to develop into a prolonged crisis of insolvency, this temporary shock at the stop” said Seema Shah, a strategist of global investment in Principal global Investor. “The emotion is now pushing the markets” On another bruising day on the markets: The S & P 500, Nasdaq Composite and Nasdaq 100 Index sank deeper into a bear market losses since February closing records extend well more than 20%. The collapse sparked the second beat of trading arrest 15 minutes this week, shortly after the US Open. The MSCI All-Country World Index extended losses bear market territory to enter. The overall cost of debt of enterprises in Europe investment grade insurance rose to its highest level since 2013 Japanese shares closed more than 4% even by the central bank of the country after another promise lower liquidity. Australian shares lower sank into a bear market, despite a stimulus plan there. Oil extended losses to 5%. Bitcoin plummeted. Gold fell below $1,600 an ounce. More bad news on the impact of the mine crown further investors’ spirits. The leader in the US infectious disease official said the test system in the country is “a shortage.” The European Union has warned the disease threatens the health capacity across the region to overcome “in a few weeks or even days.” The National Hockey League was followed by the National Basketball Association and exposed his time that Major League Baseball would delay the opening day. “We have to see to compensate effectively as eine, Kriegserklärung’gegen the virus and the full support of the economic damage that the war will cost,” said Peter Tchir, head of macro strategy at the Academy Securities LLC. “Whatever has gone this week, is not a liquidity crisis.” Meanwhile, signs that companies are distinguished in the most affected industries offset lower credit lines in the battle for the impact of the virus on their businesses fear. “The risks are increased in any case,” said Chris Gaffney, president of global markets at TIAA. “The question is how long will this last and not think anyone can predict that, at this point.” These are the most important steps in the markets: stocks, the S & P 500 9.5% at the end of New York trade has declined; The Dow Jones Industrial Average has lost 10%. The index Stoxx Europe 600 is decreased by 11%. The MSCI Asia Pacific dipped 5.3%. The MSCI Emerging market fell by 6.5%. Currencies The Bloomberg Dollar Spot Index gained 1%. The euro weakened 0.7% $1.1194. The Japanese yen fell 0.9% to $105.45 al. The bonds, the yield rose to 10 years of three basic points Treasury, to 0.9%. German 10-year yield fell one basis point to 0.75%. 10-year yield in Britain fell three basis points to 0.26%. Commodities West Texas Intermediate crude oil fell by 5.8% to $31.07 a barrel. Gold weakened by 4% to $1,569.79 per ounce. -With the help of Sophie Caronello, Jeong Min Lee, Adam Haigh and Anchalee Worrachate.