Folks?
This dog HAS been predicting a downfall ninth American economy for a LONG Time…
This drop in the market value may have started with the virus…
But it’s NOT just that anymore…….
The could very well be worries pent up about Trump’s wreck it economy gamble….
And China….
China has cold that is spreading and we are catching an economic cold……
Stocks fell sharply in volatile trading Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings on the virus dragged down the major averages, tipping them into correction territory.
The Dow Jones Industrial Average plummeted 1,190.95 points, or 4.4%, to close at 25,766.64. The S&P 500 slid 4.4% to 2,978.76 while the Nasdaq Composite dropped 4.6% to 8,566.48. Both the Dow and the S&P 500 had their worst day since February 2018 while the Nasdaq posted its biggest one-day loss since August 2011.
It was also the Dow’s biggest one-day point decline in history, surpassing Monday’s 1,031-point drop. The S&P 500 also closed below 3,000 for the first time since last October….
Note…
This keeps going and Donald Trump won’t have to worry about Democrats cancelling his job…
The economy will…
And Bernie Sanders won’t have many rich people to tax….
This loss of points IS costing g people and groups BILLIONS…
Democratic Socialist Dave says
Dow Jones Industrial Average Index
Index: DJI · February 27, 4:17 PM EST
25,766.64
▼ 1,190.95 (4.42%) today
▼ 3,240.12 (11.17%) since Friday close of trading
If you had $18,000 in index-linked stocks last week, you’ve already lost $2,000 and now have only $16,000. If you had $29,000 last week, you now have only about $25,750.
Scott P says
Down 703 already today. The Dow may lose 20% of it’s value this week the way it’s going.