Subtitles section Play video Print subtitles LOCAL FOR YOU, TED HART NBC 4,. DARLENE: BECAUSE OF THE CORONAVIRUS -- STOCK ARE WAY DOWN ON THIS MONDAY NIGHT... FALLING NEARLY 2- THOUSAND POINTS AT THE CLOSING BELL. BRAD: TONIGHT, INVESTORS ARE WEARY AS U-S STOCKS PLUMMETED EARLIER TODAY. DARLENE: THE S-AND-P 500 TOOK SUCH A HIT, TRADING WAS TEMPORARILY HALTED. DAN: TRADING WAS HALTED WHEN THE S & P 500 DROPPED 7-PERCENT IN JUST MINUTES. EXPERTS TELLING THAT WAS TO PREVENT FURTHER DAMAGE TO THE MARKET WHICH INVESTORS I TALKED TODAY ARE ALL LOOKING AT, A LITTLE DIFFERENTLY. AS THE STOCK MARKET TODAY PLUMMETED. INVESTORS HERE IN COLUMBUS TOOK NOTICE. SOME VERY NERVOUS... 08:46-48 "I DIDN'T EVEN CHECK IT THIS MORNING BECAUSE IT'S JUST TOO DEPRESSING." ...WHILE OTHERS SEE THIS AS A CHANCE TO BUY. ERIK VASU-SARVER - GRANDVIEW HEIGHTS 47:15-19 "I FIND IT TO BE AN OPPORTUNITY TO TAKE ADVANTAGE OF AS OPPOSED TO ONE YOU SHOULD BE RUNNING FROM." THIS DROP IN THE STOCK MARKET IS ATTRIBUTED TO GROWING CONCERN OVER THE CORONAVIRUS AND THE DECREASING PRICE OF OIL. BRUCE CAMPBELL IS A FINANCE PROFESSOR AND PROGRAM CHAIR AT FRANKLIN UNIVERSITY. TO MAKE SENSE OF TODAY HE TELLS ME HIS MOST IMPORTANT PIECE OF ADVICE FOR INVESTORS IS DO NOT PANIC. 12:42-44 "PANIC IS NEVER A GOOD THING." CAMPBELL POINTED OUT TO ME TODAY'S LOSS IS CERTAINLY NOT THE LARGEST SINGLE DAY DECLINE AND HISTORICALLY THE MARKET DOES TEND TO REBOUND, WITH TIME. BUT WITH CORONAVIRUS SPREADING SOME FEAR A RECESSION IS NEAR. CAMPBELL TELLING ME THAT COULD BE AVOIDED BASED ON HOW THE COUTRY RESPONDS. BRUCE CAMPBELL - FRANKLIN UNIVERSITY 10:45-11:02 " IF PEOPLE CAN WORK FROM HOME AND EMPLOYERS DON'T OVERREACT BY LAYING PEOPLE OFF AND REDUCING THEIR CAPACITY TO SPEND AND CONSUME AND DRIVE THE ECONOMY, THEN WE CAN EXPECT A RATIONAL, TEMPERED SLOW RECOVERY FROM THE UNCERTAINTY NOW." IT'S THAT UNCERTAINTY THAT HAS ABSOLUTELY CAUGHT THE ATTENTION OF INVESTORS... 10:36-41 "HAVE YOU BEEN IN TOUCH WITH YOUR FINANCIAL PLANNER IN LIGHT OF ALL THIS? OH YEAH. WE TALK." ...AS WE ALL WAIT TO SEE HOW THE MARKETS RESPOND. 08:57-09:04 "ULTIMATELY THE STOCK MARKET IS A PENDULUM THAT SWINGS BACK-AND- FORTH AND THEY'VE BEEN INVESTING FOR A LONG TIME IT'S GONNA COME BACK." DAN: OF COURSE THIS IS SOMETHING WE WILL WATCH WHEN TRADING RESUMES AT 9:30 TOMORROW. DP. BRAD:
B1 campbell market stock stock market halted trading Dow drops 7.8% as free-fall in oil, virus fears slam markets 4 1 林宜悉 posted on 2020/03/12 More Share Save Report Video vocabulary