FAANG Stock Sinks on Store Closures

Major indexes are still in the red

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MIDDAY MARKET CHECK     3/16/2020
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Dow Dips Nearly 1,800 Points as Steep Selloff Continues By Laura McCandless Share On The Dow Jones Industrial Average (DJI) is extending its losses this afternoon, continuing to give back the ground it gained on Friday's bounce -- down around 1,700 points at last check. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are still deep in the red as well, though losses were pared slightly after Wall Street's selloff triggered another circuit breaker. In efforts to cushion coronavirus' economic blow, the Federal Reserve Sunday cut interest rates to nearly zero, though the move has done little to ease investor concerns. Continue reading for more on today's market, including:  Tech giant expanding its downward spiral.  The airline stock hitting record lows.  Plus, Behind BNTX's surge; the real estate name dropping; and the meal delivery service becoming more attractive. >> Continue reading...
LATEST HEADLINES
>> Apple Closes Stores in Response to Coronavirus Spread Apple stock is lower amid store closures and a $1.2 billion antitrust fine >> American Airlines Lands on Record Low Amid International Flight Cuts American Airlines is cutting 75% of its international flights through May 6 >> Stock Futures Touch 'Limit Down' as Shutdown Spreads The Fed's stimulus efforts are doing little to prop up stocks in pre-market trading >> SPX Trendlines to Watch Right Now Debit spreads may be a way to go versus buying only a put option >> Legendary Stock-Picker Calls Top Stock of 2020 Matt McCall's picks were met with disbelief... Until five soared over 1,000%. Get his latest 2020 pick. Sponsored The Truth About The 2020 stock market crash And what you need to do to get your losses back With all three major indexes ringing in their worst declines since 2008 It's time to put your money behind that one trade so powerful nothing can stop it Yours absolutely Free Click here for the Trade
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