Subtitles section Play video Print subtitles THROUGH THE EVENING GET OUT ENJOY THIS WEATHER. COMING UP IN THE FULL FORECAST, A LOT OF SPRING RAIN I HAD WE WILL TALK ABOUT THAT HAD COMING UP IN IF YOU MINUTES. THE CORONAVIRUS CONCERNS CAUSING THE DOW TO TAKE A DEEP ARRIVE, DIPPING DOWN 2000 POINTS HOW WILL THIS IMPACT DO? WE SEE THE 401(K) ACCOUNTS DECREASING. WE ARE LIVE IN DOWNTOWN DALLAS WITH THE DOLLARS AND SENSE WITH THE CORONAVIRUS, STEVE? Reporter: WE ARE TALKING TO PEOPLE GETTING OUT OF WORK HERE IN DOWNTOWN THE IMPACT ON THE POCKETBOOK, IN THE MARKETPLACE THAT PRIMARILY BANS IN THE RETIREMENT PLANS, THE 401(K)S, FOR MANY OF THEM THE 401(K) TOOK A DIVE. IN THE DOWNTOWN CENTRAL BUSINESS DISTRICT WORD SPREAD AROUND MAINE AND OUR STREETS. THE 29-YEAR-OLD MAY BE YEARS FROM RETIREMENT BUT HE LIKE SO MANY OTHERS WATCHED THE STOCK MARKET AND HE TRIED TO DIGEST THE UNTRACKED IMPACT. THEY SAY THAT HISTORY NEVER DIES BUT IT REPEATS ITSELF. WITH THAT BEING SAID, WHAT HAPPENED TODAY IT WILL BONES BACK, YOU KNOW WHAT I'M SAYING? PROBABLY AFTER THIS YEAR PROBABLY THE SUMMERTIME THE CORONAVIRUS CANNOT LIVE IN THE HEAT. IT IS JUST A MATTER OF TIME. NO DOUBT THAT THE 401(K) BALANCES HAVE COME DOWN. Reporter: FINANCIAL PLANNER, CASEY COOPER, SAYS THAT THIS WILL HIT THE RETIREMENT SAVINGS ACCOUNTS FOR MILLIONS. BUT IT WILL NOT HAVE A LASTING EFFECT. WE HAVE A LASTING EFFECT OF JUST A DENT BUT HOW LONG WILL THAT LAST? THERE IS NO WAY TO PROJECT THAT IN THE LONG RUN. Reporter: THE VIRUS CONCERN ISN'T THE ONLY CONCERN. OIL AND GAS PRICES, AS THE IS
B1 retirement downtown reporter lasting impact dow Trading Temporarily Halted After Dow Jones Drops More Than 2,000 Points 3 0 林宜悉 posted on 2020/03/12 More Share Save Report Video vocabulary