2 Cruise Stocks Getting Crushed

Oil is continuing its deep dive this afternoon

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Midday Market Check
 
 

3/09/2020

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Steep Selloff Continues Despite Stock Market Circuit Breaker

By Laura McCandless

Share On

After trading was halted for 15 minutes this morning to prevent a further plunge, the Dow Jones Industrial Average (DJI), the S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all down between 6% and 7% at midday, with the Dow falling over 2,000 points at its worst. Saudi Arabia cutting official crude selling prices for April and its subsequent price war is posing the largest threat for Wall Street today, all amidst the seemingly endless coronavirus headwinds. In response, the U.S. 10-year Treasury yield dropped below 0.5% for the first time ever.

Continue reading for more on today's market, including: 

  • Twitter stock sinks despite billion-dollar backing.
  • 2 cruise stocks getting crushed.
  • Plus, one tanking toymaker; an oil stock bucking the broadmarket trend; and behind Apache stock's dramatic dip .
>> Continue reading...
LATEST HEADLINES

>> 2 Cruise Stocks Getting Slammed on U.S. COVID-19 Warnings
U.S. health officials are warning Americans to avoid cruise ships as the coronavirus outbreak worsens
>> Amazon Stock Falls Despite New Business Ventures
Amazon was hit again by a COVID-19 fear wave
>> TWTR Stock Drops on Debunked Trump Video, $1 Billion Deal
Twitter stocks dipped after it flagged one of Trump's retweets
>> Stock Futures Crash on Oil Price War, Outbreak Anxieties
News that OPEC's Friday talks with Russia collapsed is sparking a massive price war, sending old futures plummeting
>> SPY Level to Watch Before March Expiration
There's been an increase in put options buying on the SPX
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