4.3 • 1.2K Ratings
🗓️ 18 March 2020
⏱️ 47 minutes
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| 0:00.0 | Wilford no problem important times certainly in scary times and an incredible day |
| 0:03.8 | well thank you Sarah thank you well see mrmy now picks up our coverage of what |
| 0:07.4 | was another incredible day on wall street welcome everybody and good evening |
| 0:10.4 | i'm brine solubin stocks they fell hard again today. Economic fears and many |
| 0:14.8 | unknowns rattling investors. The Dow falling another 1,300 points. It now closed below |
| 0:19.9 | 20,000. The Dow is now down a mind-blowing 10,000 points from its all-time highs hit just last month. |
| 0:27.0 | Let's put that in context. It took the Dow 103 years to first hit the 10,000 mark and now we have lost 10,000 in fewer than 30 days. |
| 0:39.2 | Trading was halted again today after we fell 7% in the afternoon, but the pause did not refresh. Selling continued |
| 0:45.2 | and the average return of an S&P 500 stock today was a loss of nearly 8%. Oil also crushed, falling, |
| 0:52.4 | 24%. Oil. Oil also crushed falling 24% oil now at an 18 year low shares of Chevron they took it |
| 0:58.8 | hard falling 22% today but there was one potential bright spot in all the sell-off. A name that you |
| 1:06.1 | know actually hitting a new all-time high in today's market. We're going to bring you that name |
| 1:10.8 | ahead. But first we've got to get more on that historic |
| 1:13.5 | sell-off and the big breaking news for the NYC. Bob Poseani and Bob, we just heard Stacey Cunningham. |
| 1:19.2 | We just heard that interview. Obviously, this is nearly not all nearly unprecedented. I think back to 9-11. I'm sure |
| 1:27.4 | there were a few other times during war. What's your take? The stock market has closed many times over the years Brian and during |
| 1:37.6 | World War I for several months during 9-11 but that's the stock market closing. The |
| 1:41.6 | NYSC floor is not closed before and |
| 1:44.9 | continue trading electronically independent. So this is a first, I think it was the |
| 1:48.5 | right decision. We did get a a positive coronavirus test down here. |
| 1:54.8 | So let's just talk about the markets and what's going on here. |
| 1:57.8 | Another week opened, but markets were down about 6%. |
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