Bitcoin has fallen less than major U.S. equity indices in the first quarter but still hasn't proven it can act as a 'safe haven' in times of market turmoil.
Bitcoin fell over 10% in the first quarter of 2020 posting smaller declines than major U.S. stock indexes.
The Dow secured its worst first-quarter performance ever, losing more than 23% of its value in the first three months of the year.has fallen less than major U.S. equity indices in the first quarter but still hasn't proven it can act as a "safe haven" in times of market turmoil.
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Dow dips 400 points on Tuesday, capping its worst first quarter everThe Dow dropped 410.32 points to end at 21,917.16. The blue-chip average shed 23% in the first three months of the year, its worst first quarter ever.
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What to watch today: Dow set to post its worst quarter in over three decadesU.S. stock futures were pointing to a lower open Tuesday, the final day of the turbulent first quarter.
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Stock market live Monday: Dow rises nearly 700, J&J vaccine hope, oil 18-year low“We are going to have bankruptcies, and bankruptcies unfortunately destroy the capital structure completely,” Allianz’s Mohamed El-Erian said this morning. “It is a very selective game right now, rather than calling the all clear and going in for indices.”
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The Dow Has Lost 12% In A Volatile MonthThe stock market has never seen a month like March, with downs and and ups of thousands of points in a day. The Dow has recovered from recent lows, but it has fallen 24% since its record high.
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Dow gains 200 points after President Trump extends coronavirus social distancing measures through April | Markets InsiderUS stocks open higher after President Trump extends coronavirus social distancing through April. Global cases of COVID-19 have surged past 735,000 and the death toll continues to rise.
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Dow Jones set to record its worst quarter in more than three decades, continuing coronavirus plungeThe Dow Jones is set to record its worst quarter in more than 30 years as the U.S. economy slows down amid the coronavirus pandemic, marking a dramatic drop and stark contrast to analysts' and President Donald Trump's predictions at the start of 2020 that 'the best is yet to come.'
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