Brendan McDermid/Reuters The S&P 500 is down 8% since February 21, and Goldman Sachs says the key index will continue dropping in the first half of the year. The bank estimates the S&P 500 will plummet to 2,900 — an additional 7% from Wednesday's close — before recovering through the end of 2020. US companies will fail to generate earnings growth in 2020 as the outbreak cripples Chinese economic activity, tears into suppl...

BusinessInsider (Date:02/27/2020 15:20) Read full article >>

Related News about "Goldman Sachs says the S&P 500 could quickly fall another 7% on coronavirus fears — and warns US firms won't generate any profit growth in 2020" news from other sites: (news similarity rate is shown on left.)

'Slowdown in US, China, Japan can lower Korea's economic growth by 2%' A slowdown in major economies following the global coronavirus pandemic could cut South Korea’ economic growth rate by as much as 2 percentage points, according to a local business research cent.. >>
Two Die in Coronavirus Outbreak at Motion Picture Retirement Home UPDATE — Two male residents at the Motion Picture Television Fund’s skilled nursing facility in the Los Angeles suburb of Woodland Hills have died of complications from COVID-19. The first.. >>
Never-Before-Seen Thomas Kinkade Art Released for Galleries Hit By Coronavirus Rare and never-before-seen artwork by famed artist Thomas Kinkade has been released by the Kinkade Family Foundation. The foundation has partnered with New Art Dealers Alliance (NADA), to release the .. >>
Allen Garfield, 'Nashville' and 'The Conversation' Star Dies of Coronavirus at 80 Allen Garfield, an actor who appeared in movies like “Nashville” and “The Stunt Man,” has died of coronavirus, according to his “Nashville” co-star Ronee Blakely. H.. >>
Coronavirus: Stena Line cuts Belfast ferry services amid crisis The ferry operator is reducing its weekly sailings from 138 to 108, having made 150 staff redundant... BBC News >>
Facebook PhotoFacebook: Facebook is an online social networking service. Its name stems from the colloquial name for the book given to students at the start of the academic year by some American university administrations to help students get to know each other. Facebook was founded in February 2004 by Mark Zuckerberg with
- Facebook Wikipedia
Wednesday: Wednesday is the day of the week between Tuesday and Thursday. According to international standard ISO 8601 adopted in most western countries it is the third day of the week. In countries that use the Sunday-first convention Wednesday is defined as the fourth day of the week. It is the fourth day o
Friday: Friday is the day between Thursday and Saturday. In countries adopting Monday-first conventions as recommended by the international standard ISO 8601, it is the fifth day of the week. It is the sixth day in countries that adopt a Sunday-first convention, as in the Abrahamic tradition. In other coun
Thursday: Thursday is the fourth or fifth day of the week, between Wednesday and Friday. According to the ISO 8601 international standard adopted in most western countries, it is the fourth day of the week. In countries that use the Sunday-first convention, Thursday is defined as the fifth day of the week. I
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Visit: A visit is where a person, or people, goes to either see someone or a place. It can refer to many things:
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
February: February is the second month of the year in the Julian and Gregorian calendars. It is the shortest month and the only month with fewer than 30 days. The month has 28 days in common years or 29 days in leap years.
Netflix: Netflix, Inc. is an American provider of on-demand Internet streaming media available to North and South America, the Caribbean, United Kingdom, Ireland, Sweden, Denmark, Norway, Finland and flat rate DVD-by-mail in the United States, where mailed DVDs are sent via Permit Reply Mail.
Business Insider: Business Insider is a U.S. business and technology news website launched in February 2009 and based in New York City. Founded by DoubleClick Founder and former C.E.O. Kevin P. Ryan, it is the overarching brand in which Silicon Alley Insider and Clusterstock verticals fall beneath.[clarification ne