Dow Jones
The Dow Jones futures trade sharply lower on Monday morning as fears of second coronavirus wave rattle markets. Investors fear that the rising numbers of coronavirus infections would stop the fast recovery of global markets.
Dow Jones
The Dow Jones index declined by more than 1% as the market reacted to a series of negative data. The US and China are likely headed towards a disastrous trade war among a pandemic. Meanwhile, the US economy is crumbling, and the earning season has been disappointing. Against this backdrop, a former analyst at Goldman Sachs is warning investors that the stock market could drop by more than 40% this year.