Switzer on Saturday

NEWSFLASH!!! The Dow Jones has finished up over 9% or close to 2,000 points higher

Founder and Publisher of the Switzer Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
23,185.62
1,985.00
9.36%
-10.36%
S&P 500
2,711.02
230.38
9.29%
-8.79%
NASDAQ
7,874.88
673.07
9.35%
-8.17%
ASX 200
5,539.30
234.70
4.42%
-10.89%
Data for week commencing 09 March 2020

What the hell is going on?

What just happened? Let’s recap quickly. The Coronavirus KO’d Italy. Saudi and Russian leaders thought an oil fight was a good idea and oil prices fell 30%! WHO tells us we have a global pandemic! The EU doesn’t cut interest rates! Donald Trump bans European travellers for a month! And the end-result was the negatives completely KO’d the positives of rate cuts and stimulus packages.