Stock market news live: Stocks choppy, Nasdaq turns positive after Wednesday's rout [Yahoo! Finance News]
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Source: Yahoo! Finance News
Stock market news live: Stocks choppy, turns positive after Wednesday's rout Emily McCormick Javier E. David and Nishant Mohan • March 19, 2020 Reblog Share Tweet U.S. stocks opened lower, but then pushed into positive territory as heavily weighted Big shares outperformed. Earlier, stocks had floundered after new data on the U.S. labor market underscored rising joblessness amid the coronavirus outbreak, and after the European Central Bank launched a multibillion-euro debt purchasing program to provide aid to the virus-stricken region. While the gains were a welcomed, if temporary, respite after Wednesday’s steep losses, they did little to replenish the overall declines over the past few weeks. As of yesterday’s close, the Dow had crashed more than 32% from its Feb. 12 high. [Scroll down for 's markets live blog] A growing pile of disappointing data on the U.S. economy has weighed on investors already spooked by the public health crisis the coronavirus outbreak has invoked. The U.S.
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