Dow Jones
Dow Jones futures are down by more than 100 points today as traders remain worried about the rising number of coronavirus cases. Other traders are taking profits after the 92 points gains made yesterday after the upbeat jobs numbers from the United States. The volume in the futures market is a bit low today because most investors in the US are celebrating the Independence Day.
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.