All three benchmarks turned in their worst week in months
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| | | 1/24/2020 | |
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| Dow Logs Worst Week Since August | | By Patrick Martin | | The Dow limped into the weekend nursing a triple-digit point loss -- its fourth straight drop -- as coronavirus panic gripped Wall Street. The blue-chip index fell over 300 points at its session lows after a second coronavirus case was confirmed in the U.S, but pared a portion of these losses by the close. The S&P 500 and Nasdaq both settled sharply lower as well, while all three benchmarks logged weekly losses. It was the Dow's worst week since Aug. 16, the S&P 500's worst weekly decline since Aug. 23, and the Nasdaq's first weekly loss of 2020. Continue reading for more on today's market, including: - Options bulls blitzed red-hot Square stock.
- Keep an eye on this Under Armour "sell" signal.
- Plus, TCOM sinks amid coronavirus fears; an FFIV earnings preview; and overdue bear notes for this mining stock.
| | >> Continue reading... | |
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Chart shows that Washington will be virtually helpless when the next crisis hits. That's why it could do something drastic on January 29, 2020... something that could bring this raging bull market to a sudden stop.
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