TV News LIES

Friday, Sep 17th

Last update02:35:19 AM GMT

You are here News Economy Dow drops 800 points, yields tumble as virus fears circle the world

Dow drops 800 points, yields tumble as virus fears circle the world

E-mail Print PDF
Dpw drp[s 800 pts.

From Wall Street to Sydney, stocks are sinking Monday amid worries the pandemic is worsening in hotspots around the world.

The S&P 500 fell 1.9%, after setting a record high just a week ago. In another sign of worry, the yield on the 10-year Treasury dropped close to its lowest level in five months. It touched 1.21% as investors scrambled for safer places to put their money.

The Dow Jones Industrial Average was down 800 points, or 2.2%. The Nasdaq composite was 1.6% lower.

Airlines, hotels and stocks of other companies that would get hurt the most by potential COVID-19 restrictions were taking the heaviest losses, reminiscent of the early days of the pandemic in February and March 2020. Cruise operator Carnival fell 6.2%, and mall owner Simon Property Group lost 6.8%.

More...


Most Recent Related Stories...


Yellen triggers alarm bells over debt ceiling cliff

Jamet Yellen sounds alarmTreasury Secretary Janet Yellen is setting off alarm bells over a looming brawl about the nation's borrowing...

Afghanistan Live Updates: U.S. Carries Out Another Strike in Kabul

US Drine strike hits car filled with explosives A U.S. military drone strike blew up a vehicle laden with explosives in Kabul on Sunday,...

Millions in U.S. lose jobless benefits as federal aid expires, thrusting families and economy onto uncertain path

Unemployment benefits expire More than 7 million out-of-work people across the United States are set to lose all of...

U.S. consumer prices post largest gain in 13 years; inflation has likely peaked

Inflation worst in 13 yearsU.S. consumer prices increased by the most in 13 years in June amid supply constraints and...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!