Posted on 02/24/2022 7:45:35 AM PST by Red Badger
Global markets sold off sharply Thursday following Russia President Vladimir Putin’s invasion of neighboring Ukraine, with the Dow Jones Industrial Average futures down about 800 points in pre-market trading.
American markets followed those overseas, with Germany’s Dax off 4.8% and Asia’s Hang Seng index off by 3.2%.
The drop in the Dow follows Wednesday’s 465-point slide as investors came to grip with the reality that Putin would not be swayed from undertaking what he termed “a special military operation” in Ukraine. There were reports of explosions and other military activity in the capital of Kyiv and other cities as Russian forces attacked Ukraine from the west, south and north.
Ukraine President Volodymyr Zelenskyy declared martial law Thursday and announced the country had severed diplomatic ties with Russia, while appealing to the Russian people to speak out against the war.
"But if we are attacked militarily, if they try to take away our freedom, our lives, our children’s lives, we will defend ourselves," he said in a video address. "When you attack, you will see our faces and not our spines, our faces."
(Excerpt) Read more at msn.com ...
https://markets.businessinsider.com/index/dow_jones?op=1
AMD is up right now. I own that stock. Most of the stocks I follow show red.
https://finance.yahoo.com/quote/AMD?p=AMD
I see MS is up on the NASDEQ even through the Russians are using a piece of software that attacks Windows, preventing it from rebooting.
But no more mean Tweets!!!
My ATRI up also.
CVX flat.
This is one of the few things that will get the attention of “woke” Americans. A shrinking 401k will cause some stress.
WTI hovering around $98 at the moment.
The OPEC countries are salivating...................
most women my age care only about the right to kill their unborn children; plus, lower 401ks mean that the ‘patriarchy’ is getting hammered, so that’s a plus to them.
“most women my age care only about the right to kill their unborn children; plus, lower 401ks mean that the ‘patriarchy’ is getting hammered, so that’s a plus to them.”
That’s really depressing. Maybe the 19th was a bad idea?
aka. The likes of BlackRock, PIMCO, State Street and Vanguard, along with Warren Buffett’s Berkshire Hathaway, are going to buy these depressed stocks at fire sale prices and eventually make massive profits on them.
Just 800 points? Pfffff....
Produce less, make more. What's Resident Biden going to do about it? Feckless P O S.
Wall St. says...war was already priced into the market.
There, fixed it.
Market will shrug this off asap. Blasting off soon. Especially when Europe closes trading.
Was it Trump that predicted that after 4 years of solid growth during Trump that Brandon would tank our 401k’s? Yes, yes it was.
Plus the 2000 we lost just recently under Brandon.
“Dow Futures Off 800 Points”
Dow off 500 points.
Like f*cking clockwork. NASDAQ back to even, S&P 500 losses pares back to 0.75%, and the DOW losses now 500 points instead of 800. Small investors are being played ...
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