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Investor Bill Miller said during Wednesday’s violent market dive that the current climate is one of the best buying opportunities of his lifetime.Â “I think this is an exceptional buying opportunity,” Miller said on CNBC’s “The Exchange” on Wednesday. As Miller was speaking, trading was halted because the S&P 500 fell more than 7%, triggering the level 1 “circuit breaker.” – Fitzgerald
More than 30 stocks traded lower at the New York Stock Exchange on Wednesday for every advancing stock as the coronavirus crisis sell-off reached a new low. In total, more than 2,900 stocks were down at the NYSE while 95 traded higher. âImbert
Stock losses accelerated in afternoon trading with the Dow dropping 2,128 points for a 10% loss. The S&P 500 dropped 9%, while the Nasdaq was down 8.3%. – Stevens