Dow set to fall 700 points at the open
aftermarket posts worst first quarter on record.
U.S. stock futures dropped early Wednesday
morning and pointed to sizable declines at the open, following the end of the
worst first quarter on record for the Dow and S&P 500 spurred by the
The Dow Jones dropped over 700 points in the
premarket on Wednesday shortly after the total COVID-19 death toll in the
United States surpassed 4,000. Vice
President Mike Pence previously revealed the country has tested over 1.1
million people for COVID-19 so far, using tests President Donald Trump asserted
are “highly accurate.”
President Donald Trump said Tuesday evening
the U.S. should prepare for a “very, very painful two weeks” from the rampant
coronavirus. White House officials are projecting between 100,000 and 240,000
virus deaths in the U.S.
“This is going to be a roughly two-week
period,” Trump said at a White House press conference. “When you look at night
the kind of death that has been caused by this invisible enemy, it’s
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