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Stock impact report

Wall Street braces for more market volatility as wild swings become the 'new normal' amid coronavirus [MSNBC.com]

Stitch Fix, Inc. - Class A (SFIX) 
Last stitch fix, inc. - class a earnings: 3/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.stitchfix.com
Company Research Source: MSNBC.com
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at in New York City. Johannes Eisele | AFP | Getty Images The S&P 500 Investors just witnessed the equity benchmark swinging up or down 2% for four days straight in the face of the coronavirus panic. In the index's history dating back to 1927, this is the first time the S&P 500 had a week of alternating gains and losses of more than 2% from Monday through Thursday, according to Bespoke Investment Group. Daily swings like this over a two-week period were only seen at the peak of the financial crisis and in 2011 when U.S. sovereign debt got its first-ever downgrade, the firm said. Dow Jones Industrial Average "Uncertainty breeds greater market volatility," Keith Lerner, SunTrust's chief market strategist, said in a note. "Much is still unknown about how severe and widespread the coronavirus will become. From a market perspective, what we are seeing is uncomfortable but somewhat typical afte Show less Read more
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