Trading Halted After Stocks Plunge Following Trump’s Coronavirus Response | Velshi & Ruhle | MSNBC

The Dow Jones Industrial Average fell by 1,700 points Thursday morning after President Donald Trump’s long-awaited response to the coronavirus epidemic triggered a massive sell-off on Wall Street. The S&P 500 plunged by 7 percent, triggering a circuit breaker, which halts all trading on the New York Stock Exchange for 15 minutes. Aired on 03/12/20.
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Trading Halted After Stocks Plunge Following Trump's Coronavirus Response | Velshi & Ruhle | MSNBC

108 comments

  1. The Incompetence Of Trump is Staggering! After a 13 minute Very Important Address to the Nation, The White House then had to put out not One but Two Major Clarifications a few minutes later. He read a 13 minute Teleprompter Statement and made Two Glaring Mistakes! The Man is a Baffoon!
    I never knew a man could tell so many lies.
    He has a different story for every set of eyes.
    How can he remember who he talking to?
    I know it isn’t me, and I hope it isn’t you.
    This is the Man you want in Charge of Our Health and Safety?
    God Help us!

    1. Crystal Giddens, says a putinized trumpturd who is equal to the DEADLY VIRUS of PUTINIZED TRUMPTURD MISINFORMATION!

  2. Short on specifics is the standard for this administration. The market is falling because it’s become painfully obvious the Trump admin is utterly failing in it’s handling of the Coronavirus.

    1. Umm… no. It’s election year, Dems are using this as a last resort tactic for him to not win. But he’s going to get 2020

    2. @KN Byam
      It’s likely something that escaped from a lab . Earlier this year Canada had to throw out Chinese researchers from a Canadian lab studying Coronaviruses . In China there is a lab by a the food Market .

    3. Zoe E ………..  Tip of the iceberg  . trump & administration are CORRUPT and INCOMPETENT about everything, and the Republican criminals protect them . There is NO CONFIDENCE that anyone supposedly in positions where they could, will do ANYTHING . This is how nations FALL .

  3. Trump refused WHO testing kits. He cut the budget of government agencies designed to stop epidemics. He replaced competent government workers with right wing morons. No one around him understands herd immunity or exponential growth. Trump and his people have no idea how to bad this will get or how to stop it from getting worse. Trump can’t see how drive up testing would help slow the spread of coronavirus. Public schools need to shut down now. He can’t see how hospitals need to get ready for an influx of sick people. Millions are going to die because Trump is a moron. Is Trump actually trying to ruin America?

    1. it’s just another market scam… https://youtu.be/e5nyQmaq4k4
      Welcome to the ENRON of 2020. Every Ponzi Scheme has highs and lows.
      If it looks like a scam, and acts like a scam – it is a scam. $$$$$ The Wuhan Flu deceives you ! The Corona Scam.

    1. Deagle.com way back in 2014 predicted that by 2025 America would have a population between 60 to 80 million people. Deagle.com said that it would not be due to a war but an event that would trigger a ” reverse economic engine” .

    2. @Mac Mcleod 3 month of the out break and no cure in site. Already the shops are empty and there wont be a vaccine for another year. And after a year they will tell us it is vaccine resistant anyway.

    3. @Noreb yes I agree. These are the cases that are serious enough that we know about them.
      Without frequent free testing, we are not going to get a handle on this.

    4. @Dan Calvano go back and look at the price action in 1929. These huge wings are typical and it took it over two years to reach the actual bottom.

    1. We don’t know, if we’re lucky we can contain it like in China, but it’s possible it could get out of hand, like in Italy currently.

    2. It really isn’t. It’s now to the point that maybe 10 million Americans die if a change isn’t made

    3. @jacq danieles They’re talking at least a year before a cure can be developed, “FOR HUMAN TESTING”, and maybe 6 months of actual testing.
      After all the trials and testing they still have to make enough antiserum to treat the world, not just any one country!
      Otherwise it will keep coming back!
      Either way; whether it is financially or health, this is going to still be hurting until after the 2020 election.

    4. @William Platt – yes, that’s very likely the way it unfolds. Unless we get lucky during bthe summer. But even so, it will resurface later in the year.

  4. Trump , his allies and fox news have misled the American people about the Coronavirus for political purposes. A total disregard for American Lives. The world knows it and the stock market knows it.

    1. I think this is a time we must all take a break and listen to _Jesus Take The Wheel_ by Carrie “Sexpot” Underwood.

    2. @Dan Calvano You mean plunge. The stock market is all about confidence. His constant lies create exactly the opposite. He tried to pretend this pandemic was a plot against him. He put off decisive action until he absolutely had no choice but to do something, and even that was weak.

    3. @glenn anderson That’s not true at all, have you even looked at the trend for the Dow Jones? Even after this dip, it’s still higher than in was in 2016. The Dow Jones was almost trading at $30,000 a share a few months ago and Nasdaq is showing the same trend. If Trump influences the stock market as you you said in your comment, and by using YOUR OWN LOGIC, Trump is responsible for the highest increases in stocks ever.

    4. @glenn anderson Did you ever stop and think that maybe the reason why there’s been a dip in the market is because there’s a global pandemic and people are staying home and not trading goods and services? You know, the thing the global economy is based off of?

      No? Just “OrAnGe MaN bAd”, gotcha

    1. Trump is the biggest failure that has ever failed in the history of failures. When you look up the word failure in the dictionary you see a picture of Trump.

    2. President of the Virgin Islands the failures are the people who gave him a job to be their president because of their own biases.

  5. A lot of this is from electing a reality star who can’t deal with reality, he’s lied and call news fake because it hurt his ego, the Republicans have to own this because they enabled him

    1. Republicans don’t have to own anything. We are 6″5 – you Dems are 5″6. We control the banks! We control the waters!

    2. @David Gray How is Trump responsible for this? Do you guys even have a basic understanding on how the stock market works?

  6. Ever noticed that when the markets crash and a recession hit, a Republican is in the White House? This has happened 3 times in my life time with Ronald, George, and Donald!

  7. *Dismantled the agency that dealt with quick response for health epidemics after the Ebola scare. Genius move.*

    1. last of the mohawks
      If you’re a democrat and you come home one night to find your wife naked and the window open and you look through the window to see the galloping silhouette of a MAGA hat wearing champion…

      2016 🤪🤛
      Kavanaugh Fail 🤪🤛🤛
      Russia Fail 🤪🤛🤛🤛
      Ukraine Fail 🤪🤛🤛🤛🤛
      Your wife 🤪🤛🤛🤛🤛🤛
      2020 🤪🤛🤛🤛🤛🤛🤛
      SCOTUS +1 More 🤪🤛🤛🤛🤛🤛
      The Senate 🤪🤛🤛🤛🤛🤛🤛🤛🤛🤛
      The House 🤪🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛

      Your wife (again) 🤪🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛🤛

    2. …and then claims he didn’t know anything about it, that is until today when someone thought of a better (still a lie) answer for him to front.

  8. Well, it looks like the `stable genius’ has everything well in hand. Way to create stability, genius.

    1. Don’t forget that the Republicans were cheerleading, protecting and enabling him as he has taken a wrecking ball to the government, institutions and the law.

  9. — They elected him.
    — They coddled him.
    — They cowered before him.
    — They refused to have witnesses at his trial.
    — Given the opportunity to stand up, they sat down.

    How much must Trump destroy before Republicans will put our country first?
    #Covid_19 #CoronavirusPandemic

    1. @Alex S Haha played the race card without any hint of irony. You democrats are a constant source of humor.

    2. @Buck Melanoma How longer will people bore us with WHATABOUTISIMs wasting everyone’s time. Deflect deflect deflect. When did they do it last time?

    1. @dat1ufear ..it’s Obamas fault, because, he was much -Handsumier than me! (Donnie cries) .. That’s what he says every time he blames him..

  10. Everytime President Trump speaks about Covid, investors sell. That is a vote of no confidence in him and his presidency.

    1. Yes! I just listened to Biden and he makes 100% more sense! Trumps’s speech makes me extremely worried! He doesn’t have a frigging clue! That’s scary!

    2. @Linda Houston 100% agree. Biden is real leadership on day one while Trump has been a disaster!!!! He still after 3 years read as Presidential prompter or the words!!!!

  11. This administration has been artificially inflated, has had no real plans, made terrible decisions that will hurt so many.
    Trump is a moron!

    1. What is amazing is how traitor Trump supporters are not blaming Trump for this crash, but gave him credit for Obama’s economy.

    2. Deagle.com said way back in 2014 that by 2025 America would have a population between 60 to 80 million people.

    3. Up Your’s mmmmmmh triggered are we? Truth stings, eh? Well if stupid means getting an Ivy League Education, I’ll take it *flips hair*

  12. trump: “the stock market? i don’t know him. i don’t even know who that is. i mean, i may have taken some photos with him at a fundraiser, but i was never a fan”

    1. People want their pictures taken with me all the time. Just remember, there were airports at the time of the Revolution. It’s time for Twitter fun everyone! Who gets a fun nickname today? How About me? Dr. Donald Strangelove? I love money, even more than myself. And they say the love of money is the root of all evil. Hmm, oh well time for golf.

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