Market Model (5 March’20)

Painful market turbulence resumed Thursday, pulling major stock indexes down more than 3% and government-bond yields to record lows as fears grew over the spread of the coronavirus in the U.S. The declines continued what has been a dizzying week on Wall Street as investors tried to gauge how the epidemic will affect global growth and whether governments would be able to combat it.

Market Model (3 March’20)

U.S. stocks and government bond yields slid Tuesday after the Federal Reserve’s interest rate cut failed to assuage money managers fearful of the economic fallout from the coronavirus epidemic. The Fed’s move sparked a frenzy of trading. Stocks initially shot higher but within 15 minutes initial gains gave way to the jerky up-and-down trading and finally closed in red.