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Back in 2014, MarketWatch editor Jeremy Olshan made a promise to readers: No more photos from the floor of the New York Stock Exchange, barring some relevant news peg.
Unfortunately, there is, indeed, a relevant news peg for the image above. Peter Tuchman, who describes himself as “the most photographed man on Wall Street,” has been struck by coronavirus, and while he’s not suffering “respiratory distress,” he says he’s been “really sick” for a week.
Here’s the update he shared:
The well-wishes poured in across Finance Twitter. Makes sense, considering Tuchman’s been splashed across the financial news pages for years:
When Olshan announced Tuchman would no longer be used to tell MarketWatch’s Wall Street stories — “The Big Board is now little more than a Big Tent for a phony media circus of photo-ops” — Tuchman felt the need to tell his side of the story.
So he defended himself in an op-ed for the site.
“We are not a fast-food chain; we are the ultimate in fine dining,” he said. “Instead of parading us down your walk of shame, you should be giving us three Michelin stars. So before you come to my house and slap me in the face, get your story straight.”
Meanwhile, New York remains the epicenter of the COVID-19 pandemic in the U.S. with more than 37,000 people testing positive as of Thursday, up 6,400 from Wednesday, and 385 deaths.
As for traders, they’re looking at another wild day for markets. At last check, the Dow Jones Industrial Average DJIA, +4.55% was up about 1,000 points in its third straight rally, while the S&P SPX, +4.65% and Nasdaq COMP, +3.96% were both solidly higher, as well.
