Dow tumbles 550 points Friday as Texas orders bars to re-close as coronavirus cases spike

  

Category:  News & Politics

Via:  krishna  •  2 weeks ago  •  18 comments

By:   Mark DeCambre

Dow tumbles 550 points Friday as Texas orders bars to re-close as coronavirus cases spike
What’s driving the market? Investors have wrestled with rising daily rates of new U.S. coronavirus cases all week, and that has continued to cast a pall over the market on Friday.

S E E D E D   C O N T E N T



512

Rising cases rattle Wall Street  GETTY IMAGES

U.S. stock indexes skidded sharply lower Friday, after Texas tightened social-distancing rules in the wake of a record number of new coronavirus cases being reported nationwide.

What’s driving the market?

Investors have wrestled with rising daily rates of new U.S. coronavirus cases all week, and that has continued to cast a pall over the market on Friday.

Indeed, Texas Gov. Greg Abbott implemented restrictions on social gatherings in the Lonestar state and ordered all bars to re-close on Friday, making the state the first to reverse some reopening measures after months of lockdowns .

The orders announced on Friday also come a day after the governor said he was freezing reopening plans in the state.

On Thursday, U.S. states saw a single-day record rise of 37,000 in infections, led by Florida, Texas, California and Arizona, surpassing the 36,188 level from April 24

Overall, total cases in the U.S. have topped 2.4 million and that increase, notably in southern and western states in the U.S., and has resulted in governors halting business reopening plans in, North Carolina, Louisiana and Kansas.


Tags

jrDiscussion - desc
smarty_function_ntUser_is_admin: user_id parameter required
[]
 
Krishna
1  seeder  Krishna    2 weeks ago

U.S. stock indexes skidded sharply lower Friday, after Texas tightened social-distancing rules in the wake of a record number of new coronavirus cases being reported nationwide.

Texas Gov. Greg Abbott implemented restrictions on social gatherings in the Lonestar state and ordered all bars to re-close on Friday, making the state the first to reverse some reopening measures after months of lockdowns .

Making the state the first to reverse some reopening measures after months of lockdowns?

Trump is going to be pissed-- really pissed! jrSmiley_5_smiley_image.png

 
 
 
Krishna
2  seeder  Krishna    2 weeks ago

On Thursday, U.S. states saw a single-day record rise of 37,000 in infections, led by Florida, Texas, California and Arizona, surpassing the 36,188 level from April 24.

Uh-Oooh :-(

 
 
 
Kavika
3  Kavika     2 weeks ago

But the virus will disappear per Trump.

 
 
 
Krishna
3.1  seeder  Krishna  replied to  Kavika @3    2 weeks ago

But the virus will disappear per Trump.

Ah-- good to hear that! After all-- Trump would never lie!

(Or would he?)

 
 
 
Trout Giggles
3.1.1  Trout Giggles  replied to  Krishna @3.1    2 weeks ago

ROFL!!!!!!!!!!!!

It was supposed to disappear when the warm weather showed up! Is 91 degrees warm enough?

 
 
 
Kavika
3.1.2  Kavika   replied to  Trout Giggles @3.1.1    2 weeks ago

This is Florida and the temp's statewide are in the high 80's to high 90's and we set a record for new cases yesterday of 8947. That hot weather is stopping the virus in its tracks. /S

 
 
 
Perrie Halpern R.A.
3.1.3  Perrie Halpern R.A.  replied to  Kavika @3.1.2    2 weeks ago

Actually it is not the heat, but UV rays that kill the virus. If you are indoor, no UV. 

 
 
 
r.t..b...
3.1.4  r.t..b...  replied to  Trout Giggles @3.1.1    2 weeks ago
It was supposed to disappear when the warm weather showed up! Is 91 degrees warm enough

Triple digits here in PHX for another three months...with the largest per capita surge in any state or country since the virus first arrived. And nothing from the Feds nor our compliant Governor to address the facts.

Just who is leading and who is lagging?

 
 
 
It Is ME
3.1.5  It Is ME  replied to  Kavika @3.1.2    2 weeks ago
This is Florida and the temp's statewide are in the high 80's to high 90's and we set a record for new cases yesterday of 8947. That hot weather is stopping the virus in its tracks. /S

Like the "Cure", the super hot weather just started in Florida !

July and August are the best months. jrSmiley_13_smiley_image.gif

September comes close. 

 
 
 
FLYNAVY1
3.1.6  FLYNAVY1  replied to  Kavika @3.1.2    2 weeks ago

As it gets hot, people are heading indoors for the AC..... Indoors spreads the virus.

 
 
 
r.t..b...
3.1.7  r.t..b...  replied to  It Is ME @3.1.5    2 weeks ago
Like the "Cure", the super hot weather just started in Florida !

see 3.1.4....

            ...can you access an emoji with a face mask? Otherwise the indecipherable written commentary will be rendered illiterate.

 
 
 
It Is ME
3.1.8  It Is ME  replied to  r.t..b... @3.1.7    2 weeks ago
Otherwise the indecipherable written commentary will be rendered illiterate.

You need more pictures ?

jrSmiley_100_smiley_image.jpgjrSmiley_123_smiley_image.gifjrSmiley_97_smiley_image.gifjrSmiley_99_smiley_image.jpgjrSmiley_102_smiley_image.gifjrSmiley_10_smiley_image.gif

 
 
 
Kavika
3.1.9  Kavika   replied to  Perrie Halpern R.A. @3.1.3    2 weeks ago

I have UV rays in the house. How in the hell do you think I keep that beautiful bronze coloring I have. Geez.jrSmiley_7_smiley_image.png

 
 
 
Kavika
3.1.10  Kavika   replied to  r.t..b... @3.1.4    2 weeks ago

A couple of things r.t..b...I'm damn sure that the Trump rally really helped quell the virus.../s

The Navajo reservation is being devastated by the virus and Ducey couldn't see what was right under his nose and opened up AZ...How frickin' stupid is that.

 
 
 
FLYNAVY1
3.1.11  FLYNAVY1  replied to  Kavika @3.1.9    2 weeks ago

You told me Coppertone Kavika!

 
 
 
Kavika
3.1.12  Kavika   replied to  FLYNAVY1 @3.1.11    2 weeks ago

You told me Coppertone Kavika!

Fake news....LOL

 
 
 
JohnRussell
4  JohnRussell    2 weeks ago

800

 
 
 
bbl-1
5  bbl-1    2 weeks ago

Lets get real here people.  So the 'so called stock market' drops because Texas closed the bars?  Trying not to laugh here, but if this is the case it is time to tell those 'so called stock market folk' to cash in their chips and head back to China, House of Saud or wherever it is they're getting their play money.  In other words, ditch those people and replace them with recent college grads that have at least a basic understanding of business, trends and economics.

The 'so called stock market' has been thrown into idiocy by these Supply Siders.  Off with their heads, the hell with em'.

 
 
Loading...
Loading...

Who is online

Gazoo
Nowhere Man
Ronin2
CB
shona1
JohnRussell


37 visitors