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UPDATE 8/24/2015 What's WEDNESDAY to Bring? 204 Drop in the Dow ON Tuesday after a 400 point gain early.
What is in store for WEDNESDAY?
What's Monday to Bring? Curious...530 Drop in the Dow...and nary a word from our Progressives.
We just witnessed the worst week for the US stock market in four years.
The blue-chip Dow fell more than 500 points Friday and entered correction territory on an intra-day basis — defined as a 10% drop from recent highs.
Major stock markets across Europe and Asia also closed sharply lower.
First, the scoreboard:
Dow: 16,459.75, -530.94, (-3.12%)
S&P 500: 1,970.89, -64.84, (-3.19%)
Nasdaq: 4,706.04, -171.45, (-3.52%)
Read more: http://www.businessinsider.com/market-update-august-21-2015-8#ixzz3jg9KBmcW
Corrections typically happen every 18 months or so. We are long, long past due with all the money being printed going by a circuitous route to the stock market.
Is this due to China?
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US stocks extend losses as early rally fades
Update 8/25/2015
A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down more than 200 points and extending Wall Street's losing streak to six days.
For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading.
The Dow ended the day with a loss of 204.91 points, or 1.3 percent, at 15,666.44. The Standard & Poor's 500 index fell 25.59 points, or 1.4 percent, to 1,867.62. The Nasdaq composite declined 19.76 points, or 0.4 percent, to 4,506.49.
http://apnews.myway.com/article/20150825/financial_markets-1cd127b727.html
What is in store for WEDNESDAY?
What's Monday to Bring? Curious...530 Drop in the Dow...and nary a word from our Progressives.
We just witnessed the worst week for the US stock market in four years.
The blue-chip Dow fell more than 500 points Friday and entered correction territory on an intra-day basis — defined as a 10% drop from recent highs.
Major stock markets across Europe and Asia also closed sharply lower.
First, the scoreboard:
Dow: 16,459.75, -530.94, (-3.12%)
S&P 500: 1,970.89, -64.84, (-3.19%)
Nasdaq: 4,706.04, -171.45, (-3.52%)
Read more: http://www.businessinsider.com/market-update-august-21-2015-8#ixzz3jg9KBmcW
Corrections typically happen every 18 months or so. We are long, long past due with all the money being printed going by a circuitous route to the stock market.
Is this due to China?
###
US stocks extend losses as early rally fades
Update 8/25/2015
A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down more than 200 points and extending Wall Street's losing streak to six days.
For most of the day, it appeared that the market had shaken off some of its worries about the slowdown in China, and at one point the Dow was up by as much as 441. But then sell orders began pouring in in the last 15 minutes of trading.
The Dow ended the day with a loss of 204.91 points, or 1.3 percent, at 15,666.44. The Standard & Poor's 500 index fell 25.59 points, or 1.4 percent, to 1,867.62. The Nasdaq composite declined 19.76 points, or 0.4 percent, to 4,506.49.
http://apnews.myway.com/article/20150825/financial_markets-1cd127b727.html
Last edited by Markle on 8/26/2015, 3:26 am; edited 2 times in total
