U.S. stock futures point to a drop for the Dow at Monday's open after President Trump extended social-distancing guidelines.
it would not be out of the question to see the central bank take for the first time ever a passive interest in the performance of the stock market.US President Donald Trump speaks during a Coronavirus Task Force press briefing in the Rose Garden of the White House in Washington, DC, on March 29, 2020.Preparing the nation for a death toll that could exceed 100,000 from the coronavirus, Trump on Sundayhis previous remarks about wanting to reopen the country for business by Easter.
In continuing social distancing until the end of next month, the president said, "Nothing would be worse than declaring victory before the victory has been won." Earlier on Sunday, White House health advisor Dr. Anthony Fauci said the country could see up to 200,000 deaths and millions of infections. However, he also cautioned that those numbers are based on outbreak modeling and nothing is certain.
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