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Worldwide markets plummeted again Thursday, deepening a weeklong rout triggered by growing anxiety that the coronavirus will wreak havoc on the global economy. The sweeping selloff pushed the Dow Jones Industrial Average down nearly 1,200, its biggest one-day drop ever.The benchmark S&P 500 dropped down4.4% Thursday, its worst one-day drop since 2011.The S&P 500 has now plunged 12% from the all-time high it set just a week ago. That puts the index in what market watchers call a "correction," which is decline of at least 10% from a high. The six-day correction is the fastest in history.Stocks are now headed for their worst week since October 2008, during the global financial crisis.The losses extended a slide that has wiped out the solid gains major indexes posted early this year. Investors came into 2020 feeling confident that the Federal Reserve would keep interest rates at low levels and the U.S.-China trade war posed less of a threat to company profits after the two sides reached a preliminary agreement in January. Even in the early days of the outbreak, markets took things in stride.But over the past two weeks, a growing list of major companies issued warnings that profits could suffer as factory shutdowns across China disrupt supply chains and consumers there refrain from shopping. Travel to and from China is severely restricted, and shares of airlines, hotels and cruise operators have been punished in stock markets. As the virus spread beyond China, markets feared the economic issues in China could escalate globally.One sign of that is the big decline in oil prices, which slumped on expectations that demand will tail off sharply."This is a market that's being driven completely by fear," said Elaine Stokes, portfolio manager at Loomis Sayles, with market movements following the classic characteristics of a fear trade: Stocks are down. Commodities are down, and bonds are up.The Dow dropped 1,190.95 points, its largest one-day point drop in history, bringing its loss for the week to 3,225.77 points, or 11.1%. To put that in perspective, the Dow's 508-point loss on Oct. 19, 1987, was equal to 22.6%. Bond prices soared again Thursday as investors fled to safe investments. The yield on the benchmark 10-year Treasury note fell as low as 1.246%, a record low, according to TradeWeb. When yields fall, it's a sign that investors are feeling less confident about the strength of the economy.Stokes said the swoon reminded her of the market's reaction following the Sept. 11, 2001 terrorist attacks."Eventually we're going to get to a place where this fear, it's something that we get used to living with, the same way we got used to living with the threat of living with terrorism," she said. "But right now, people don't know how or when we're going to get there, and what people do in that situation is to retrench."The virus has now infected more than 82,000 people globally and is worrying governments with its rapid spread beyond the epicenter of China.Japan will close schools nationwide to help control the spread of the new virus. Saudi Arabia banned foreign pilgrims from entering the kingdom to visit Islam's holiest sites. Italy has become the center of the outbreak in Europe, with the spread threatening the financial and industrial centers of that nation.At their heart, stock prices rise and fall with the profits that companies make. And Wall Street's expectations for profit growth are sliding away. Apple and Microsoft, two of the world's biggest companies, have already said their sales this quarter will feel the economic effects of the virus.Goldman Sachs on Thursday said earnings for companies in the S&P 500 index might not grow at all this year, after predicting earlier that they would grow 5.5%. Strategist David Kostin also cut his growth forecast for earnings next year.Besides a sharply weaker Chinese economy in the first quarter of this year, he sees lower demand for U.S. exporters, disruptions to supply chains and general uncertainty eating away at earnings growth.Such cuts are even more impactful now because stocks are already trading at high levels relative to their earnings, raising the risk. Before the virus worries exploded, investors had been pushing stocks higher on expectations that strong profit growth was set to resume for companies after declining for most of 2019. The S&P 500 recently traded at its most expensive level, relative to its expected earnings per share, since the dot-com bubble was deflating in 2002, according to FactSet. If profit growth doesn't ramp up this year, that makes a highly priced stock market even more vulnerable.Goldman Sach's Kostin predicted the S&P 500 could fall to 2,900 in the near term, which would be a nearly 7% drop from Wednesday's close, before rebounding to 3,400 by the end of the year.Traders are growing increasingly certain that the Federal Reserve will be forced to cut interest rates to protect the economy, and soon. They are pricing in a 96% probability of a cut at the Fed's next meeting in March. Just a day before, they were calling for only a 33% chance, according to CME Group.The market's sharp drop this week partly reflects increasing fears among many economists that the U.S. and global economies could take a bigger hit from the coronavirus than they previously thought.Earlier assumptions that the impact would largely be contained in China and would temporarily disrupt manufacturing supply chains have been overtaken by concerns that as the virus spreads, more people in numerous countries will stay home, either voluntarily or under quarantine. Vacations could be canceled, restaurant meals skipped, and fewer shopping trips taken. "A global recession is likely if COVID-19 becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in Italy and Korea," said Mark Zandi, chief economist at Moody's Analytics. The market rout will also likely weaken Americans' confidence in the economy, analysts say, even among those who don't own shares. Such volatility can worry people about their own companies and job security. In addition, Americans that do own stocks feel less wealthy. Both of those trends can combine to discourage consumer spending and slow growth.MARKET ROUNDUP:The S&P 500 fell 137.63 points, or 4.4%, to 2,978.76. The Dow fell 1,190.95 points, or 4.4%, to 25,766.64. The Nasdaq dropped 414.29 points, or 4.6%, to 8,566.48. The Russell 2000 index of smaller company stocks lost 54.89 points, or 3.5%, to 1,497.87.In commodities trading Thursday, benchmark crude oil fell .64 to settle at .09 a barrel. Brent crude oil, the international standard, dropped .25 to close at .18 a barrel. Wholesale gasoline fell 4 cents to .41 per gallon. Heating oil declined 1 cent to .49 per gallon. Natural gas fell 7 cents to .75 per 1,000 cubic feet.Gold fell 40 cents to ,640.00 per ounce, silver fell 18 cents to .66 per ounce and copper fell 1 cent to .57 per pound.The dollar fell to 109.95 Japanese yen from 110.22 yen on Wednesday. The euro strengthened to .0987 from .0897. 7132

A’Deja's sister, Jalen and her father are also hearing impaired. Jalen had success with cochlear implants in the past, so on Thursday, the family traveled to Johns Hopkins Children's Hospital in St. Petersburg.“It’s so exciting,” said A’Deja’s mom Patricia.Following the implant procedure, A’Deja heard her family’s voices for the first time. The toddler's grandparents were also there.“This moment never gets old,” said audiologist Shelly Ash. “It’s always so moving.”Cochlear implant technology has accelerated over the years. Now the technology can even be linked via Bluetooth.Kids have different reactions to hearing sound for the first time.“When we first start out, we’re introducing very soft levels of electrical current,” said Shelly Ash. “It just sounds to her like 'beep, beep, beep.'”For A’Deja, she was neither happy or scared. She was simply... amazed.Her eyes widen and her jaw dropped.She realized what it was: sound.And she turned her head when her mother said those three magic words: I love you.” 1018

With President Donald Trump formally nominated, the nightly programming of the 2020 Republican National Convention will get underway at 8:30 ET on Monday, highlighted by speeches from Donald Trump Jr. and Sen. Tim Scott (R-South Carolina).Trump Jr., who has been heading up his father's business during his time in the White House, has become one of the leaders of the Republican Party's youth movement. Scott, the GOP's only Black senator, was elected to a full term in 2016 after taking over the seat by appointment in 2013.Also slated to speak Monday are Mark and Patricia McCloskey — a St. Louis couple who garnered national attention earlier this year when they waved guns at Black Lives Matter protesters near their property. Former Heisman Trophy winner Herschel Walker will also speak on Monday.The theme for Monday's program is "The Land of Promise." According to the Trump campaign, the theme is meant to represent the promises President Donald J. Trump has kept since his first presidential campaign.Below is a list of Monday's speakers in the order in which they are expected to appear.Timothy M. Dolan, cardinal, Archbishop of New YorkCharlie Kirk, founder of Turning Point USARebecca Friedrichs, Calfornia teacher and advocate for education reformTanya Weinreis, Montana coffee shop ownerRep. Matt Gaetz (R-Florida)Kim Klacik, Maryland congressional candidateRepublican National Committee Chairwoman Ronna McDanielAmy Johnson Ford, nurse practitionerDr. G.E. Ghali, surgeonRep. Jim Jordan (R-Ohio)Herschel Walker, former NFL player and Heisman Trophy winnerNatalie Harp, cancer survivor and Trump Campaign officialGeorgia State Rep. Vernon Jones (D)Andrew Pollack, father of Parkland school shooting victimMark and Patricia McCloskey, St. Louis lawyers who waved guns at protestersKimberly Guilfoyle, Trump Campaign fundraiser and former Fox News analystRep. Steve Scalise (R-Louisiana), House Republican WhipSean Parnell, former Army Ranger and Pennsylvania congressional candidateMaximo Alvarez, Cuban immigrantNikki Haley, former ambassador to the U.N.Donald Trump, Jr., son of President Donald TrumpSen. Tim Scott (R-South Carolina) 2158

Would you approach a rattlesnake? Would you think of trying to catch it? One Coolidge, Arizona man did just that, and he ended up in the hospital.He was recently bitten in the face, of all places, by a rattlesnake, and this isn't the first time it's happened to 48-year-old Victor Pratt.The man used to be a snake hunter. He would catch the snakes and cook them. He was recently bitten at a child's birthday party after he spotted one and attempted to catch it, but instead the snake caught him, and caught him right on the jawline.He was knocked unconscious for five days. His swelling has gone down and he's recovering. Rattlesnakes are venomous creatures. Both venomous and non-venomous snakes can be found around Arizona.  764

With winter weather rolling in, the restaurant industry is changing with the seasons.Since the pandemic hit, many restaurants were forced to operate outside, but as it becomes too cold to dine outdoors, the pressure to pivot is heating up.“I’m terrified for the winter months,” said Jennifer Jasinski, owner of Rioja, an award-winning restaurant in Denver, Colorado.Jasinski is trying to keep her customers warm and her business open by recently pitching a tent for outdoor dining.“I can’t control what’s happening out there,” she said speaking about the weather. “I can kind of control what’s happening in here and, you know, just do the best I can.”Across the country, many restaurants are facing similar dining restrictions, which has cost this industry big bucksAccording the to the National Restaurant Association, one in every six restaurants have closed since the COVID-19 crisis started and sales are down 0 billion compared to this time last year.Now, there’s also some concerns about the safety of eating in “dining bubbles” during a pandemic.“There could potentially be placement on the walls of those bubbles,” said Sheryl Zajdowicz, Ph.D., an infectious disease specialist with MSU Denver.She says while the winter months do see more transmissions of diseases like the flu, with proper cleaning and ventilation, outdoor dining tents could provide some protection.“In these small, individual tents or domes, where it’s just for your dinner party, you don’t have to worry about that as much,” Zajdowicz said. “And hopefully you’re familiar with the individuals with whom you are dining.”As temperatures drop and COVID cases continue to rise across the country, restaurateurs like Jasinski are looking to survive the winter by adjusting to a changing environment and a new way of eating.“We want to make sure people are safe and that we can stay alive,” she said. “So we can come back to cook for you another day.” 1935

来源：资阳报