New York – U.S. stocks tumbled on Wednesday, with the S&P 500 marking its biggest daily decline since Feb. 8, and technology stocks led the losses as rising U.S. Treasury yields sent investors fleeing from risky assets.
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The Dow Jones Industrial Average <.DJI> fell 831.83 points, or 3.15 percent, to 25,598.74, the S&P 500 <.SPX> lost 94.66 points, or 3.29 percent, to 2,785.68 and the Nasdaq Composite <.IXIC> dropped 315.97 points, or 4.08 percent, to 7,422.05.
Lets hope the market will drop a lot and teach a lesson to this demagogue. The last 2 years the market followed the 8 year Uptrend of Obama. If it starts dropping now and continues next year it will be clear for everyone that in was Obamas Market till now. It takes 2 years for the market-economy to react.
THANK YOU DONALD TRUMP
No doubt Herr Rasha Trumpf will take credit for this dive in the market. Gas prices and inflation up, mortgage interest up, corporate taxes down. Consumer prices up due to Trumpf Tariff wars. Feh.
When will Hashomer blame TRump for this?
Are US Treasury Bonds safer IF they default?
Truly amazing. The market has risen so high under Trump that – as a percentage – this alleged near-record drop barely registers. Leaves me to wonder – again – if those posters who are making the blatantly political-inspired comments are really so stupid or just hoping the readership is that stupid.