The markets took a dive Tuesday, one day after President Trump tweeted the stock market is "starting to look very good to me." The Dow Jones Industrial Average fell 879 points after the Centers for Disease Control came out with a dire warning about the coronavirus, saying its spread in the U.S. appears inevitable and Americans should be ready for major disruptions in their lives. Additionally, the S&P 500 fell about 3 percent, and CNBC notes that "the last time the S&P 500 fell more than 3 percent two days in a row was in November of 2008 during the financial crisis," citing Bespoke Investment Group. This came after the Dow on Tuesday plunged 1,031 points in what NBC notes was its worst performance in two years.
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