3%, decline wednesday in the Dow Jones Industrial Average, which has now lost nearly all of its gains since President Trump39;s inauguration. Shares also fell in Southeast Asia.79.4%. Hong Kong39;s Hang Seng index slipped 4% to 21,397.5% to 1,487. The typical day this month has seen the U.85.80. stock market swing up or down by 4. By early Thursday, they had recovered some losses, with U.end-ofTags: asian shares, asian stocks, asian markets, coronavirus impact on economy, covid 19Related StoriesDespite gains on Wall Street, Asian stocks lower.The S&P 50039;s slide was so sharp that trading was halted for 15 minutes Wednesday.Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early trading thursday.Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early tradingRepresentative Image (AFP)Bangkok: Shares in Asia failed to hold onto opening gains on thursday, skidding further after the latest selloff on Wall Street.S.26, while in South Korea, the Kospi sank 6.Brent crude, the international standard, was up 59 cents at $25.9%.
The S&P 500, which dictates how 401(k) accounts perform much more Wood plastic crust foam screw barrel Factory than the Dow, is down nearly 30% from its record set last month, though it39;s still above its level on Election Day 2016.3% to 4,840.Markets have been incredibly volatile for weeks as Wall Street and the White House acknowledge the rising likelihood that the outbreak will cause a recession.S.New York39;s losses deepened after a temporary halt was triggered in the early afternoon. Even prices for investments seen as very safe, like longer-term U.S.As big swaths of the economy retrench while much of society comes to a halt in an attempt to slow the spread of the virus, investors have clamored for Congress, Federal Reserve and other authorities around the world to support the economy until it can begin to reopen.The New York Stock Exchange said Wednesday it will temporarily close its iconic trading floor in lower Manhattan and move to all-electronic trading beginning Monday as a precautionary step amid the coronavirus outbreak.7% to 16,5602.
Over the last decade, it was just 0. crude up 7.47 per barrel.56 and the Shanghai Composite index shed 1.The losses followed a more than 1,300 point, or 6. Treasurys, have fallen as investors rush to raise cash.2% lower, at 2,398.Futures for the Dow and the S&P 500 were both down 1.92. The Dow closed at 19,898.Japan39;s Nikkei 225 index gave up 0.9% to 2,676.Signs that the outbreak39;s impact will be far reaching and prolonged have undermined efforts to staunch the bloodletting on the markets as investors find themselves without their usual safe havens from risk.4% at $21.5% early Thursday Asia time.84.7% to 6,989. Investors are in search of cash as fears of a prolonged coronavirus-induced recession take hold. The losses deepened after trading resumed.Australia39;s S&P ASX/200 declined 2. The S&P 500 recouped some losses to close 5.The price of oil fell 24% on Wednesday, dropping below $21 per barrel for the first time since 2002.10.The Nasdaq composite index shed 4.88 per barrel.The Dow, now at its lowest level since 2016, had surged more than 5% on Tuesday after Trump promised massive aid to the economy, but the number of infections keeps climbing, topping 200,000 worldwide.
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