NEW YORK - The stock market rout last week over fears the coronavirus could trigger a recession was the worst since the 2008 financial crisis, but market experts said on Monday trade was mostly orderly thanks to a robust market infrastructure.
On the retail side, TD Ameritrade said trading volume last week by its 11 million clients was 1.5 times higher than earlier in February, with above-normal activity registered on both the buying and selling sides. He said he did not notice any major flash crash-type price spikes or major discrepancies between exchange-traded fund prices and the prices of their underlying constituents.
And Robinhood, the free trading app popular with young investors, experienced a system-wide outage on Monday as stock prices rebounded, according to CNBC.
Tomorrow we are going to have the largest single day drop in the history of Wall Street
Nice try...American economy cracking wide open now...wealth gap is going to destroy us
😂😂😂😂😂
Just ignore coronavirus biggest media spin in human history. Chance of dying from it is 1 to 250.000 or even lower. Oil and stocks bouncing back quite nicely. Huge profit incoming
Reuters = Rothchilds doing everything they can to tank our market. Do listen to this corrupt “outlet”
So why
'U.S. markets are robust' there, fixed it for ya.
Wait till tomorrow!
Spellcheck is free them markets are Fucked
Somebody's playing
Bull trap?
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Source: CNBC - 🏆 12. / 72 Read more »