RE: Red Braces Brigade23 Mar 2020 09:41
The Street. Global stocks resume slide after U.S. lawmakers fail to advance a $2 trillion coronavirus relief bill, with no vote expected until at least Tuesday.
Republican lawmakers accused Democrats of being "reckless" during the coronavirus crisis, while Democrats say the bill is a "giant corporate bailout".
Coronavirus lockdowns intensify around the world, while 1 in 3 Americans are asked to stay at home, as deaths reach 14,000 worldwide and cases spike to 341,000.
The VIX bumps to 75 points in early Monday trading, as investors look to a week of grim economic data and traders on the NYSE floor stay home amid the city's coronavirus lockdown.
European stocks slide despite a likely German stimulus plan worth $320 billion, as Italy's death toll nears 5,500 and London edges towards a city-wide shutdown.
U.S. equity futures suggest significant opening bell declines amid the worst month for the Dow since 1931, although futures are off the "limit down' lows from earlier in the session.
On the other hand I have been unable to purchase certain stock and the Trust stocks have the most ludicrous spreads at the moment. Suggests they don't want too many buyers?