As we head into evening sp500 saw the bull at the gate first thing trading was stoped for very uneasy 15 minutes as circuit breaker was activated but thankfully the bull backed away from the gate so circuit breaker 2 was not activated-13% required before 3.25PM
Sp500 rebooted very poorly all day.
Dow terrible day worst since FC at times some calling black Monday currently around -7% investors like the 24k mark will be interesting to see and I suspect a small recovery this evening as investors look for bargain stock.
This was not helped by virus, and oversupply of oil (lower demand expected)
Oil tanks -20%
Tensions rose between Saudi Arabia and Russia over the weekend, prompting fears of an oversupply. U.S. West Texas Intermediate tumbled 24.59%, or $10.15, to settle at $31.13 per barrel. It was WTI's worst day since 1991, and second worst day on record. During the session the contract traded as low as $30
Ftse another terrible terrible day -7.6% Sub 6k yes sub 6K
All European stocks have plunged below 6%.
Gold peaked around 1.72 just after mid night back tracking a little (profit taking)
This is called a sale across all assets,
Asian markets looks set to follow similar vane
Can’t have another day like this tomorrow can we?