The stock market rout last week over fears the coronavirus could trigger a reces...
NEW YORK - The stock market rout last week over fears the coronavirus could trigger a recession was the worst since the 2008 financial crisis, but market experts said on Monday trade was mostly orderly thanks to a robust market infrastructure.
On the retail side, TD Ameritrade said trading volume last week by its 11 million clients was 1.5 times higher than earlier in February, with above-normal activity registered on both the buying and selling sides. He said he did not notice any major flash crash-type price spikes or major discrepancies between exchange-traded fund prices and the prices of their underlying constituents.
And Robinhood, the free trading app popular with young investors, experienced a system-wide outage on Monday as stock prices rebounded, according to CNBC.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Next seven days seen as decisive for Italy as coronavirus cases surgeItaly is dealing with its most major national public health disaster in modern times.
Les mer »
New York Times warns it's seeing a slowdown in ad bookings due to coronavirus fearsThe New York Times company says it's seeing a slowdown in advertising bookings that it's associating with 'uncertainty and anxiety' around the coronavirus.
Les mer »
First coronavirus death in U.S. heightens fears and underscores challenges for health officialsThe death of a man in Washington state and new 'community spread' cases in California point to the increasing likelihood of a deadly national outbreak, experts said.
Les mer »
Despite new U.S. coronavirus deaths, 'the risk is low,' Trump officials sayEven as the U.S. death toll from the coronavirus rose to six and the spread continues in California, senior public health officials continued to stress that the virus does not represent a serious threat to most people.
Les mer »
Markets Sunday live updates: Awaiting stock futures open, scary China economic dataA discussion of the latest market-moving news, including the coronavirus.
Les mer »
U.S. officials talk down coronavirus market panic, tout economic strengthTrump administration officials on Sunday tried to calm market panic that the cor...
Les mer »