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Dow loses nearly 500 points on fears that US economy is weakening
nypost.com ^
| October 2, 2019
| Kevin Dugan
Posted on 10/02/2019 3:05:29 PM PDT by Berlin_Freeper
Stocks got slammed for the second day in a row on Wednesday after weak payroll numbers stoked fears that President Trumps trade wars were slowing down the US economy.
The Dow Jones Industrial Average dropped by nearly 600 points, to a low of 25,974.12, after data from ADP showed that private US employers had hired fewer workers than expected. The Dow ended the day down 494.42 points, or 1.9 percent, to 26,078.62.
The report, a precursor to the Labor Departments more comprehensive jobs report due Friday, followed dismal numbers on US manufacturing Tuesday that showed activity was at its lowest level in more than a decade.
Investors are worried that the long-simmering trade war between the US and China is starting to hit business investment and could lead to a paring of hiring and even layoffs, according to analysts.
(Excerpt) Read more at nypost.com ...
TOPICS: Business/Economy; US: New York
KEYWORDS: 2020election; boycotts; dnctalkingpoint; dnctalkingpoints; dow; election2020; incometaxes; kevindugan; mediawingofthednc; newyork; newyorkcity; newyorkcompost; newyorkpost; partisanmediashills; presstitutes; sanctions; shell; smearmachine; stockmarket; tariffs; taxcutsandjobsact; taxreform; tcja; trade
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To: wally_bert
FarmAll. Newest one is a 1954 Super C. Best one is the 1928 with power take-off belt to a wood cutting disc blade with slide table.
41
posted on
10/02/2019 6:08:39 PM PDT
by
kickstart
("A gun is a tool. It is only as good or as bad as the man who uses it" . Alan Ladd in 'Shane')
To: redgolum
farmers had a tough year with the very wet spring. IN yields are expected to be down 20-25% for corn and soybeans
I said in June that there won’t be as many new combines and tractors sold this year
42
posted on
10/02/2019 6:34:55 PM PDT
by
digger48
To: kickstart
I always liked IH stuff.
Even die hard Massey people like dad and uncle will acknowledge them.
43
posted on
10/02/2019 6:35:37 PM PDT
by
wally_bert
(Hola. Me llamo Inspector Carlton Lassiter. Me gusta queso.)
To: Dacula
Blue Chip stocks with dividends above 3%.
44
posted on
10/02/2019 7:51:26 PM PDT
by
P-Marlowe
(Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping List)
To: abb
Missed a good opportunity in early summer to get some T @ 28.50I sold my T stock when Warner decided to do a comedy movie about women traveling to another state to get an abortion.
They also own CNN.
45
posted on
10/02/2019 7:54:40 PM PDT
by
P-Marlowe
(Freep mail me if you want to be on my Fingerstyle Acoustic Guitar Ping List)
To: Berlin_Freeper
And tomorrow it will go back up 500 points.
46
posted on
10/03/2019 8:44:50 AM PDT
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: Berlin_Freeper
Investors are worried that the long-simmering trade war
BS.
47
posted on
10/03/2019 8:51:42 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Berlin_Freeper
That headline is more eye-catching than "Dow loses nearly .02% on fears that US economy is weakening"
48
posted on
10/03/2019 9:57:39 AM PDT
by
Oatka
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