What is driving the stock market plunge?

Feb. 28, 2020 4:11 AM ETBy: Yoel Minkoff, SA News Editor73 Comments
  • Besides risks to global supply chains, travel restrictions and profit warnings, many are seeing other dangers as part of a worsening economic picture.
  • "The risk to the global consumer is the real problem. Starbucks and Apple can reopen their stores in China, but few people will go into them," said Michael O'Rourke, chief market strategist at JonesTrading.
  • Uncertainty about the U.S. presidential election's outcome is also starting to drive markets, while even before the selloff this week, equities were being measured at lofty valuations.

Recommended For You

Comments (73)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.