{"id":3839,"date":"2020-10-28T20:42:42","date_gmt":"2020-10-29T00:42:42","guid":{"rendered":"https:\/\/anyakelly.com\/soj\/?p=3839"},"modified":"2020-11-05T01:28:26","modified_gmt":"2020-11-05T05:28:26","slug":"stock-market-reporting-midweek-10-28-20","status":"publish","type":"post","link":"https:\/\/anyakelly.com\/soj\/2020\/10\/28\/stock-market-reporting-midweek-10-28-20\/","title":{"rendered":"Stock Market Reporting Midweek 10\/28\/20"},"content":{"rendered":"\n

October 28, 2020 22:28 NYDT – The DOW Jones Industrial composite index (image above) nose-dived 943 points (3.4%) to its lowest level in 3 months<\/a>. The NASDAQ and Standard & Poor\u2019s (S&P 500) sank to levels not seen since late September: more specifically, 426 points (3.7%) and 119 points (3.5%), respectively. <\/p>\n\n\n\n

\"NASDAQ-10-28-20\"<\/figure>\n\n\n\n
\"S&P-10-28-20\"<\/figure>\n\n\n\n

Apple (AAPL), Google (GOOG), and Facebook (FB) make up about one fifth of the S&P 500 stake and are expected to report third quarter earnings on Thursday. While 83% of companies represented by the S&P 500 composite index met or exceeded third quarter expectations. However, unfavorable outcomes still largely outnumbered favorable outcomes 10 to 1. More specifically, the S&P 500 posted one 52-week high and nine 52-week lows.<\/p>\n\n\n\n

Expert analysts on Wednesday urged the G20 to work swiftly in reducing the financial obligations of heavily indebted countries or face up to a decade or more of developmental delays leading to lags in Gross Domestic Product (GDP).<\/p>\n\n\n\n

Investors placed bets on credit continuing to deteriorate in the United States by orchestrating a #considerable<\/strong> sell off of corporate bonds. A corporate bond is a debt security that pays investors a portion of the interest on the debt owed in exchange for capital. <\/p>\n\n\n\n

Investors foresee companies being incapable of satisfying their debt payments due to the impact Coronavirus is having on the economy in terms of business closures and\/or lack of business that is driven by the increased potential for government mandated stay-at-home orders.<\/p>\n\n\n\n

Oil prices also fell 4.4% as energy demands for travel #diminish<\/strong> amidst increasing Coronavirus restrictions globally<\/a>.
<\/p>\n\n\n\n

\"Oil-10-28-20\"<\/figure>\n\n\n\n

@Boeing<\/a> (BA) has realized the reality of a return on their 737 MAX jet flight approval<\/a> was a #fantasy<\/strong>. The company announced Wednesday that they would reduce their workforce by 7,000 employees<\/a> in an attempt to sustain budget #viability<\/strong> @nyse<\/a>.<\/p>\n\n\n\n

\"BA-10-28-20\"<\/figure>\n\n\n\n

@nytimes<\/a> @CNN<\/a><\/p>\n\n\n\n

#thehumanwill #waitandsee<\/p>\n\n\n\n

YHWH||ANYAMARY||JESUSISRAEL share a definition, #considerable:<\/h2>\n\n\n\n

Merriam-Webster’s<\/a> definition of “considerable”<\/p>\n\n\n\n

\"Definition-considerable\"<\/figure>\n\n\n\n

YHWH||ANYAMARY||JESUSISRAEL share a definition, #diminish:<\/h2>\n\n\n\n

Merriam-Webster’s<\/a> definition of “diminish”<\/p>\n\n\n\n

\"Definition-diminish\"<\/figure>\n\n\n\n

YHWH||ANYAMARY||JESUSISRAEL share a definition, #fantasy:<\/h2>\n\n\n\n

Merriam-Webster’s<\/a> definition of “fantasy”<\/p>\n\n\n\n

\"Definition-fantasy\"<\/figure>\n\n\n\n

YHWH||ANYAMARY||JESUSISRAEL share a definition, #viability:<\/h2>\n\n\n\n

Merriam-Webster’s<\/a> definition of “viability”<\/p>\n\n\n\n

\"Definition-viability\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

October 28, 2020 22:28 NYDT – The DOW Jones Industrial composite index (image above) nose-dived…<\/p>\n","protected":false},"author":1,"featured_media":3844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"jetpack_featured_media_url":"https:\/\/anyakelly.com\/soj\/wp-content\/uploads\/2020\/10\/DEBD5F0D-63F9-4A18-AEFD-F029677BD6E2.png","_links":{"self":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts\/3839"}],"collection":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/comments?post=3839"}],"version-history":[{"count":28,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts\/3839\/revisions"}],"predecessor-version":[{"id":3879,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/posts\/3839\/revisions\/3879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/media\/3844"}],"wp:attachment":[{"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/media?parent=3839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/categories?post=3839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anyakelly.com\/soj\/wp-json\/wp\/v2\/tags?post=3839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}