Futures are trading limit down this morning pointing to a likely halt in the action.
The coronavirus (COVID-19) spread is causing nations to fully shutdown operations and therefore economies. In today’s video, we review the latest news, stock market indicators, and what we are watching. Stay safe. Here’s a recap:
– Fed Cuts Rates 100 Basis Points and Increases Bond Purchases…
– …As IEF Tests Support at a Key Breakout Level
– Foreign Markets Trade Sharply Lower on Monday…
– …Despite Coordinated Central Banks Easings Around the Globe
Stock Market Today Video – March 16, 2020
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