LIVE: Oil crashes, stocks plunge and Treasury yields reach historic lows. Follow our LIVE coverage of "wild" trading in markets https://t.co/RuT5PU6NRL https://t.co/3Jqow1aWyX
— Bloomberg (@business) March 9, 2020
HISTORICAL NIGHT: At its worst moment, just seconds after the opening, Brent oil fell 31.6%, the second largest one-day drop ever, only behind the plunge after the start of the Gulf War on Jan 17, 1991 | #OOTT FULL STORY: https://t.co/t7BK7jnr05 pic.twitter.com/YupFTtPwRt
— Javier Blas (@JavierBlas) March 9, 2020
Oil down 25%
US futures fall 5%, triggering halt
Best-performing market in Asia is down 2%
DAX futures down the most in 11 years
Yen gains the most since Brexit vote in 2016https://t.co/3Bs1lz8NR5 pic.twitter.com/ga1Qd81Jez
— David Ingles (@DavidInglesTV) March 9, 2020
The kill switch that stops trading when markets crash too hard in after hours selling was just triggered for the first time since the night Trump was elected https://t.co/9EitzpZ9gA
— Tom Gara (@tomgara) March 9, 2020
💥Bam! Market slide is going to be ugly tomorrow. The down limit was hit just now in S&P futures. This means the index cannot slide anymore even if traders want to, until morning. Predicts a similar drop in the stock market#coronavirus #NotContainedhttps://t.co/b81thq3H5M
— Jennifer Taub (@jentaub) March 9, 2020
This didn’t happen during the global financial crisis. https://t.co/UuKmT4CmA9
— Justin Wolfers (@JustinWolfers) March 9, 2020
The market panic is a combination of people assessing the likely economic consequences of the coronavirus, and people responding to uncertainty by fleeing to safety.
And the Trump administration certainly seems to be doing everything in its power to amp up the fear factor.
— Binyamin Appelbaum (@BCAppelbaum) March 9, 2020
One can't overstate how much the plunging markets must be upsetting @realDonaldTrump. More than the 2018 midterms, far more than the tally of infected and dying Americans.
This is the be-all number for him, and its plummeting could easily be cause for unprecedented derangement.
— Alec MacGillis (@AlecMacGillis) March 9, 2020
Hedge-fund manager who called the coronavirus market meltdown says selloff is overdone, covers short positions https://t.co/bRyQmhrgf9
— MarketWatch (@MarketWatch) March 9, 2020
Stanford, others switch to online classes temporarily amid coronavirus fears https://t.co/QhSl2ZtiO8
— The Washington Post (@washingtonpost) March 9, 2020
New guidance from the CDC urges travelers to avoid long plane trips “and especially” cruises — a stark shift in rhetoric https://t.co/jRBl1HkMc0
— POLITICO (@politico) March 9, 2020
White House officials acknowledge President Trump is not on the same wavelength as his team regarding coronavirus messaging, but say there isn’t much they can do to change his public tone, according to multiple sources familiar with the discussions. https://t.co/kGlraHUklk
— MSNBC (@MSNBC) March 9, 2020
Here we have a preview of the Republican shift in tactics from ridiculing concerns about the coronavirus, to turning up the racism dial to distract from president’s deliberate mishandling of the response to preserve his poll numbers. pic.twitter.com/zelVYFxZ5z
— Adam Serwer🍝 (@AdamSerwer) March 9, 2020
Just apropos of nothing, Iran's egregious mishandling of the virus led to 10% of its parliament infected. A good standard for a government that is Failing At Coronavirus Policy is senior politicians getting the virus.
— Chris Hayes (@chrislhayes) March 9, 2020
Senator Ted Cruz, now that you have to self-quarantine for two weeks, do you have anything to say about @realDonaldTrump who recently told #MAGA voters that #coronavirus was nothing more than a Democratic hoax? pic.twitter.com/JzpXB0pH9o
— The Daily Edge (@TheDailyEdge) March 9, 2020
Family of Missouri's first coronavirus patient broke self quarantine, St. Louis County officials say https://t.co/70GjJzwKLe via @stltoday
— Josh Marshall (@joshtpm) March 9, 2020
I don’t know, it doesn’t *feel* to me like we’re showing that we’ll react in a calm and orderly fashion to a no-deal Brexit on 31 December. pic.twitter.com/lobDwbZ7Ew
— Stephen Bush (@stephenkb) March 8, 2020
Dunkirk spirit of 2020 seems to mostly involve selfishly stockpiling tinned food, fighting over loo roll & stealing hand gel from cancer wards.
I don't think we'll cope with a no deal brexit 🤔🤔https://t.co/84V6kf7xMA
— Archie 💙💛🇪🇺💛💙 (@ArchieBurrows34) March 8, 2020
And what happens if we have both…what kind of recession would that be? 😶https://t.co/58UxNPvsz8
— Best for Britain (@BestForBritain) March 8, 2020
I take this to mean one of 2 things
A. He is the UK’s first psychic chancellor & knows the future
B. F*** business https://t.co/0UqzaBFayw
— Peter Stefanovic (@PeterStefanovi2) March 8, 2020
"We lost their trust again"
Liberal Democrat leadership candidate @LaylaMoran says voters thought the policy of revoking article 50 was a "big mistake". She tells @SophyRidgeSky her party also shouldn't have said it could be in government.#Ridge pic.twitter.com/mpTDfz2WKN
— Sophy Ridge on Sunday (@RidgeOnSunday) March 8, 2020