Market took a Beating Today
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Market took a Beating Today
Dow was down over 830 points, the worst drop since February. Nasdaq dropped over 4% today.
Re: Market took a Beating Today
Interesting. Here's all the theories that are mentioned in this article:
- Rising interest rates.
- Investors getting out of tech stocks.
- Anticipated warming up to China that failed to materialize.
- Worries over Italy's finances (European markets are down too).
- Rising interest rates.
- Investors getting out of tech stocks.
- Anticipated warming up to China that failed to materialize.
- Worries over Italy's finances (European markets are down too).
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Re: Market took a Beating Today
I'm pretty sure Obama is to blame somewhere.
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Re: Market took a Beating Today
Oh crap, DOW down another 650 points today.
Now we're back to where we were first week of January.
Now we're back to where we were first week of January.
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Re: Market took a Beating Today
Dow plunges 500 points again. We're now below 25,000, exactly where we were in December of last year.
https://www.marketwatch.com/investing/index/djia
And theeeeeen it rebounded like crazy to nearly break even.
https://www.marketwatch.com/investing/index/djia
And theeeeeen it rebounded like crazy to nearly break even.
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Re: Market took a Beating Today
Down -375 again.... let's see how it rebounds.
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Re: Market took a Beating Today
At today's stock market closing, the DOW drops -2.41%, NASDAQ drops - 4.43% and S&P 500 sheds -3.08% in one day.
Re: Market took a Beating Today
It is not looking that good for the market now.
https://www.cnbc.com/2018/10/26/stock-m ... r-dow.html
Stocks fell sharply on Friday as investors slogged through another volatile session on Wall Street.
The Dow Jones Industrial Average closed 296.24 points lower at 24,688.31 after dropping 539 points at its lows of the day. The Nasdaq Composite dropped 2.1 percent to 7,167.21. At its lows, the tech-heavy Nasdaq had fallen more than 3 percent.
The S&P 500 fell 1.7 percent to 2,658.69 and briefly entered into correction territory, trading more than 10 percent below its record high reached in September. The average stock market correction, since WWII, results in a 13 percent drop and lasts for four months if it does not turn into a full-fledged bear market.
https://www.cnbc.com/2018/10/26/stock-m ... r-dow.html
"And I've said it before, you want to know what Joseph Smith looked like in Nauvoo, just look at Trump." - Fence Sitter