Overnight S&P 500 stock index breaks after Kerry named winner by several media instant polls

Bloomberg TV

[ElRushbo]

If there is any doubt what a Kerry win would mean to the investor class, you only have to look at the immediate 3 point break in the Overnight S&P 500 trade. The market broke 3 full points as soon as the media instant polls were reported showing a win for Kerry

[cajungirl]

what instant polls?

[ElRushbo]

someone ought to call CSPAN and make people aware of what this means---

[ElRushbo]

CBS insatnt poll declared Kerry the winner

[pipecorp]

What was market response to hurricanes, or possibly iraqi oil line sabotage as a comparison?

[RandDisciple]

The market is usually totally dead this time of night. The media always will hide the fact that a Kerry win would trash the stock market. During the Gore Florida lawsuit frenzy, every pro-Gore news collapsed the market, and every pro-Bush news rallied it big. CNBC would sit there and say "look at this wild volitility", but would never admit to it's viewers that the market was trading off a fear of a Bush loss. The media will never tell the truth this time either.

[BunnySlippers]

Didn't the Kerry campaign say to spin, spin, spin?

[JudyinCanada]

Was there ever any doubt?

Money will be lost everywhere, for the common good.

Are you THE ElRushbo, or do you just want to get lots of replies from the girls? :^)

[steve86]

I was surprised by how stable the futures were during the debate. The S&P is headed down now, as you say, but I'm not sure if the timing is suspicious or not.

[Colonel_Flagg]

CBS insatnt poll declared Kerry the winner

I like my news from reputable sources. What do you expect DNC-BS to say?

[Zeppelin]

***CBS insatnt poll declared Kerry the winner***

Was the poll forged? =P

[Dont Mention the War]

ABC flash poll said people think Kerry won the debate (something like 43% Kerry, 37% Bush, though I can't find the numbers online yet), but that nobody's minds were changed in terms of who they think they'll vote for. Bush is still ahead.

[BoBToMatoE]

The S&P is headed down now, as you say, but I'm not sure if the timing is suspicious or not.

--

Its the media spin. Bush did not do as bad as the MSM is portraying it.

[Salvation]

**CBS insatnt poll declared Kerry the winner**

And why should we believe CBS?

[Eva]

Instant polls are bogus because the DNC sent out mass emails today with all the URLs and talking points and URL for the votes this afternoon, telling everyone to get their votes ready to fire the minute the debate was over. No one cares about internet polls!

[LeftyCrusher]

Exactly, babe!! Hell, I'm for Bush but I'll admit- Kerry won the debate.....well, more like Bush handed it to him by being too passive.... I dont think many minds were changed by this

[Keith]

3 points is nothing...it will take a few days to shake this thing out...and they will still have Dubya ahead. relax.

[TeleStraightShooter]

Or to put it more succinctly: What do you expect the
DemocRat
Nationalistic
Committee
Broadcast
Service
to say?
;^>

[ElRushbo]

This is not random. The market doesnt move like this at 11PM-- the market knows the debates went bad for Bush and knows Kerry may pick up a few points in the polls. A kerry win is devestating to the US economy.

[BoBToMatoE]

The markets are responding to the spin. Do not watch the polls over the next 48 hours, but the next week or so.