by James Rickards
Daily Reckoning
The coronavirus continues to take its toll on the stock market.
If you were expecting a major recovery today after yesterday’s bloodbath, you were very disappointed.
Stocks opened higher this morning but soon fell back into red territory again, where they stayed throughout the day.
The Dow ended up losing another 879 points today after yesterday’s 1,031-point hammering.
The S&P and Nasdaq were also big losers today, down 98 and 256 points respectively.