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The Dow continued to fall today. The latest collapse of more than 800 points amid fears of a coronavirus outbreak. It will make countries announce blockade measures That will affect the world economy
Investors are also concerned about the delay in the issuance of US economic stimulus measures.
At 21.58 GMT, the Dow Jones Industrial Average stood at 26,622.07, minus 841.12 points or 3.06%.
CBOE Volatility Index or CBOE Volatility Index (VIX), a measure of the anxiety of market investors. It rallied above 37 points today, the highest level since September 4.
Investors monitor the disclosure of the results of listed companies.
Shares of Microsoft Corp fell nearly 3 percent in trading today. Even reporting better results than expected
Boeing shares fell more than 3 percent after they released third-quarter results today, and the company suffered four consecutive quarters of losses due to a slowdown in aircraft production. Amid the coronavirus outbreak Including the 737 MAX aircraft that is still banned from flying. After two aircraft of the model crashed in 2018, killing a total of 346 people.
Equity groups that have benefited from the opening of the US economy, such as airlines and cruise ships. I adjusted today
The Dow Jones is already down 3% since the beginning of the week. And subtracting all the positive periods made in October
The Dow closed nearly 1% yesterday, having fallen for a third day after the White House noted that the U.S. government and Democrats may not be able to reach an agreement on the stimulus package before Election Day. presidential.
On the Goldman Sachs side, he also predicted that the US Congress will not be able to enact US stimulus laws before the November 3 presidential election.
The United States is now No. 1 in the world in terms of COVID-19 cases. And the deceased With more than 9 million cases and 232,000 deaths.
The number of people infected with COVID-19 The new average daily average in the United States was 71,832 during the last seven days, a record. While the number of COVID-19 cases the need for hospitalizations increased more than 5% in 36 states.
The governments of Germany and France announced today that the death rate from COVID-19 has been raised to prevent the spread of COVID-19. Across Europe, almost 40% more in a week.
The World Health Organization (WHO) reports the number of people infected with COVID-19. More than 1.3 million new European accounts in the last seven days, which represents almost half of the 2.9 million worldwide. And more than 11,700 deaths, a 37% increase from the previous week.
Worldwide, more than 44.3 million people are infected with COVID and more than 1.1 million have died.
However, the spread of the COVID-19 virus. It has become more intense and faster Globally, 10 million cases of COVID-19 were infected in three months and reached 20 million in 44 days, 30 million in 38 days and 40 million in just 32 days.
