New York China covid-19 pandemic Coronavirus New York China

Stocks slump amid coronavirus warnings from Big Tech, Big Oil

Reading now: 374
www.fox29.com

The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring. NEW YORK - U.S.

equity markets were under pressure Friday as Big Tech and Big Oil warned that COVID-19 is hurting business and President Trump threatened action against China, which he says wasn't sufficiently forthcoming about the severity of the outbreak.

The Dow Jones Industrial Average dropped 434 points, or 1.76 percent, while the S&P 500 and the Nasdaq Composite tumbled 1.9 percent and 2.2 percent, respectively.

The losses come just a day after both the Dow and S&P 500 wrapped up their strongest month in over 33 years. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The COVID-19 pandemic has rattled a

Read more on fox29.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Steve Smith - Australia pips Sri Lanka in Super Over, takes 2-0 series lead - newsfirst.lk - Sri Lanka - Australia
newsfirst.lk
55%
326
Australia pips Sri Lanka in Super Over, takes 2-0 series lead
Josh Hazlewood conceded just five runs in the Super Over as T20 World Cup champion Australia edged Sri Lanka on Sunday after the second game of their series finished in a tie.Australia Innings:Australia was sent in to bat in Sydney and posted 164 for 6, with Josh Inglis scoring 48 from 32 balls to lead the scoring.Dushmantha Chameera took 2 for 30, including wickets with consecutive balls in the 19th over to remove Steve Smith (14) and Marcus Stoinis (19), and Wanindu Hasaranga returned 2 for 33.Sri Lanka Innings:Sri Lanka was always behind in the run chase after losing wickets in the first, third and fifth overs to slip to 25 for 3, but opener Pathum Nissanka’s 73 from 53 deliveries kept the visiting team in contention.Sri Lanka needed 46 from the last 18 balls for victory and, when Hasaranga was run out for 34 on the last ball of the 19th over, still needed 19 off the last over from Stoinis to win the match and level the series.They scored 18 , with Maheesh Teekshana hitting the second ball he faced for six and Chameera hitting a four down the ground on the last ball to level the scores.Super Over :With the Super Over in play Hazlewood, who returned 3 for 22 in his four overs in regulation, bowled two dot balls and a bye, which resulted in Dinesh Chandimal being run out by a direct hit from Glenn Maxwell as Sri Lanka slipped to 1- 1. The Sri Lankans managed to get to 5 for 1 after six balls.Maxwell took a single off Hasaranga from the first ball of Australia’s Super Over and Stoinis did the rest, driving down the ground for consecutive boundaries to secure the victory with three balls to spare.
DMCA