Since the coronavirus scare escaped out of China into the rest of the world, financial markets have been shaken and stocks have had their worst week since the financial crisis of 2008.
The name Bob Seidenschwarz is familiar to KGVO listeners through his work with the Montana World Affairs Council, however, he was on Talk Back on Monday to talk about the massive drop in the stock market.
As of 2:00 p.m. on Monday the Dow Jones Industrial average had dropped by 767 points to 25,717, reacting to the escalating tariff battle between the U.S. and China.
The Wall Street rally that had lasted for several years of spectacular gains lost its steam on Wednesday when the Dow Jones 30 Industrial average lost over 800 points.
Donald Trump's win on Tuesday night sent the stock market on a wild ride, starting with FBI Director Comey's Sunday clearing of Hillary Clinton to Trump's dramatic win.
NEW YORK (AP) — The stock market is lower as the U.S. government heads into a second week of a partial shutdown with no signs of a budget agreement in sight.