DOW down 830 points at the opening

[Bengus81]

That's after dropping 400+ points last week. Damn Trump,Wall St loves ya. But hey when it "warms up" the Coronavirus will disappear according to Agent Orange.

[empedocles]

1. trump will be screaming on the phone to his sycophants to goose things up

[Bengus81]

3. Be a great morning for Trumps rich buddies to get deals on expensive stock...

Amazon down almost 70.00 a share,Google down 51.

[empedocles]

11. At 1:12 est, dji down 1054

Hmmm

[Nictuku]

2. It was down 955 when I first looked, now down 811

Holy crap!!!

[empedocles]

4. This is the kind of volatile market where traders, especially high frequency traders,

make tons of money, selling, then buying back selling, cycles often within minutes.

They love this volatility. Some, sort of tax the markets, like tollbooths on a highway. All those who pass through pay something.

[Johnny2X2X]

5. 75% of economists predicted a recession in 2020

Now Trump will be able to blame his recession on this virus.

So although the human toll is tragic, it will likely not reach anywhere near the toll for the flu this year. The business impact could be massive though. Many US companies are instituting travel bans to part of the world right now. My company has thousands of employees who live and work in China, could really effect us if the company issues a travel ban.

[Ilsa]

6. NASDAQ is close to -3%,

It's more tech-heavy, so a bigger drop is to be expected.

[Iliyah]

7. If the stock market goes down to a certain mark . . .

it will be hard to recuperate, thereby causing mass panic with the investors and coupled with the virus, this will cause general panic in the world.

The USA ecnomy is not strong.

[Amishman]

9. The US economy isnt weak either, this drop is all China/Corona

I'm thinking some analysts finally ran the numbers on the supply chain impact of Covid-19, especially since it is starting additional disruptions and quarantines in Italy and s. Korea

Look at some of the worst hit; Fiat Chrysler is down over 6%, the Italy Corona restrictions are going to really hurt them.

JIT inventory might make for better margins most if the time, but it leaves businesses extremely vulnerable to widespread logistics disruptions

[edhopper]

8. Nothing to do with the virus

just ask the FauxNews crowd, it's cause Bernie won Nevada and Wall Street is scared.

Stupid punk-ass conservatives.

[Cosmocat]

10. Meh

We have seen a good number of these big loss days the last few years, and the market makes it back up in a day or two, a week at most.

We are LONG overdue for a correction, but the forces/powers to be are bound and determined to keep it propped up enough to get him re-elected.

Won't get happy until it is a much bigger hit that sticks.