Wall Street worst sitting since 1987, Nasdaq negative record. Trump: we could go into recession

2020-03-16T21:07:22.084Z

Wall Street closed today with the Dow Jones at -12.94%, the worst session in percentage terms since Black Monday in 1987, when it left 22% on the ground. In terms of absolute points, however, it was the blackest session ever. The New York Stock Exchange returned, in terms of points, to the levels of February 2017. For the Nasdaq, which sold 12.32%, this is an absolute negative record. Trump: We could go into recession In the United States, a recession is possible due to the coronavirus pandemic. The president, Donald Trump said this at a press conference. "It could be possible," Trump replied to a specific question. "We don't think in terms of recession. We think in terms of viruses," added the President of the United States. Trump: coronavirus situation is not under control Trump has admitted for the first time that the situation caused by the coronavirus in the US "is not under control" and has called Covid-19 an "invisible enemy". "We will support airlines 100%" The United States will support airlines "100%", during the economic repercussions due to the Covid-19 epidemic, the US president assured stressing that "it is not the fault" of the airlines as it's happening. It is not anyone's fault, unless you go to the original source, "he added again pointing his finger at China, where the virus developed. Trump did not specify whether there will be loans or bailouts for the industry. air transport.