Markets rebound, with Dow jumping more than 800 points on Trump stimulus plan

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JUST IN: Dow jumps more than 800 points after President Trump said he will take 'major' steps to ease concerns about the economy in light of the coronavirus outbreak.

Global stock markets plummeted Monday, after an all-out price war between key oil producers Saudi Arabia and Russia added to heightened concerns connected to the economic impact of the rapidly spreading virus. Companies have canceled industry gatherings, banned non-essential travel, and asked employees to work from home where possible. Health officials have even urged older people to avoid cruise ships, lengthy trips, and public events.

“We’ll be discussing a possible payroll tax cut or relief, substantial relief, very substantial relief, that’s a big number,” Trump told reporters at a news briefing Monday afternoon.with one official telling CNBC

 

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How high will that dead cat bounce?

I really hate this phrase, but let see what happens “at the end of the day”

All this shows is that the stock market is ridiculous.

NBCNightlyNews Everything DementiaDon touches dies. He will hurt the market with actions that won't actually help. All he knows how to do is play head games and suck up attention.

They just need to use banks of computers for the stock image in these stories.

No he won’t

Smoke n mirrors

I feel sorry for people who bought stocks at open

Tell me lies, Tell me sweet little lies Oh no, no you can't disguise. He spoke to some major somewhere for advice. Were going to take care of the economy first, COVID-19 second.

Everyone knows the numbers Trump worships, are the Polls and the Dow, it's not about taking 'major steps' to ease concerns about the coronavirus , it's about getting 4 more years, no matter who pays the price.

Go ahead and trust him... go ahead... haven't lost everthing yet so it's safe...

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