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Dow turns positive, erases a 600-point drop
CNBC ^ | December 27, 2018 | Fred Imbert

Posted on 12/27/2018 12:44:05 PM PST by abb

The Dow Jones Industrial Average traded higher on Thursday, erasing steep losses a day after posting a historic surge.

The 30-stock index traded 31 points higher after plunging 611 points earlier in the day. The S&P 500 held just above the flatline after sliding more than 2 percent. The Nasdaq Composite traded 0.2 percent lower after dropping more than 3 percent.

Earlier in the day, stocks fell amid renewed tensions between China and the United States.

(Excerpt) Read more at cnbc.com ...


TOPICS: Breaking News; Business/Economy; Culture/Society; News/Current Events
KEYWORDS: bubble; djia; dow; market; plungeprotectionteam; ptt; stockmarket; volatility
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Now up over 100 points.
1 posted on 12/27/2018 12:44:05 PM PST by abb
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To: abb

It’s schizoid.


2 posted on 12/27/2018 12:49:06 PM PST by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: abb
This is the type of trading range that will drive people to start consuming way too many antiacids and analgesic pain killers.
3 posted on 12/27/2018 12:50:35 PM PST by RayChuang88 (FairTax: America's Economic Cure)
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To: Mr Ramsbotham

Yet it allocates capital better than any other system since the Dawn of Mankind.


4 posted on 12/27/2018 12:51:16 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

CNN is deeply sorrowful for such good news.


5 posted on 12/27/2018 12:52:29 PM PST by conservativepoet
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To: conservativepoet

Also, CNBC, the Wall Street Journal, Bloomberg, etc.


6 posted on 12/27/2018 12:53:40 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

When asked if the stock market was going to go up or down, Eliot Janeway, the famous analyst, responded; Yes


7 posted on 12/27/2018 12:54:14 PM PST by umgud (Now)
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To: Mr Ramsbotham

Bipolar.


8 posted on 12/27/2018 12:54:55 PM PST by nfldgirl
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To: abb

The strength of the Trump economy is fighting off the dark forces trying to drag the DOW down for political advantage.

But the battle will rage on.


9 posted on 12/27/2018 12:55:19 PM PST by Vlad The Inhaler
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To: abb

Shorts gotta cover.


10 posted on 12/27/2018 12:55:33 PM PST by Murp (!!!!!!!!!!!!!!!!d)
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To: umgud

One the one hand, this, on the other hand, that...get me a darned one-armed economist!

—————Harry Truman———————


11 posted on 12/27/2018 12:55:58 PM PST by rfp1234 (I don't watch CNN for the same reason I don't drink from the toilet.)
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To: Murp

They got pinched yesterday, for sure!


12 posted on 12/27/2018 12:58:08 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: Mr Ramsbotham
The Dow Jones Industrial Average traded higher on Thursday, erasing steep losses a day after posting a historic surge.

Most trading calls are made by computer programs now. The old days of traders on the floor shouting and filling orders are pretty much passe'.

13 posted on 12/27/2018 12:58:22 PM PST by Don Corleone (Nothing makes the delusional more furious than truth.)
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To: abb

Democrat rich scum & vermin tried to bust Trump...now they have cold feet. I wonder who they think they are kidding. This nutcase political party ....the Democrats needs to be politically destroyed by the American people...from A-Z


14 posted on 12/27/2018 12:58:44 PM PST by JLAGRAYFOX (Defeat both the Republican (e) & Democrat (e) political parties....Forever!!!)
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To: abb

Wow. It takes a lot to impress me, but that does.


15 posted on 12/27/2018 12:59:35 PM PST by sparklite2 (See more at Sparklite Times)
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To: abb

Obama’s fault.


16 posted on 12/27/2018 1:00:03 PM PST by Telepathic Intruder
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To: JLAGRAYFOX

Gonna close up over 200 pts


17 posted on 12/27/2018 1:00:11 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

Could this be described as volatility?


18 posted on 12/27/2018 1:00:57 PM PST by EEGator
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To: Don Corleone

You need some quants and a supercomputer...


19 posted on 12/27/2018 1:04:58 PM PST by EEGator
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To: abb

20 posted on 12/27/2018 1:05:14 PM PST by gaijin
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