Dow drops 13%, worst drop in three decades
The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.
The stock markets have seen some of their sharpest declines ever this week as new concerns over the coronavirus have persisted.
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
Critics of the high-end exercise equipment maker say the ad is sexist and classist.
Thirty years ago, the stock market suffered what's now known as Black Monday, the worst single day of losses in the history of the market.
Leon LaBrecque, CEO of LJPR Financial Advisors, joins us in studio to talk about the stock market.