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Sell-off on Wall Street intensifies, Dow drops more than 800 points in worst day of April
CNBC ^
Posted on 04/22/2022 12:04:32 PM PDT by FarCenter
Stocks sank on Friday, putting the Dow Jones Industrial Average and S&P 500 on pace for consecutive weekly declines, as traders weighed a raft of corporate earnings and rising interest rates.
The Dow fell 846 points, or 2.4%. The S&P 500 was 2.5% lower, and the Nasdaq Composite declined by 2.4%. Friday’s loss was the biggest of the month for the Dow.
Those losses put the Dow down 1.5% for the week, on track for its fourth straight weekly decline. The S&P 500 was headed for a three-week slide, and was down 2.5% week to date. The Nasdaq was the laggard this week, losing 3.6%.
(Excerpt) Read more at cnbc.com ...
TOPICS: News/Current Events
KEYWORDS: bidenflation; bidenmarket; charts; dow; qqq; stockmarket
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1
posted on
04/22/2022 12:04:32 PM PDT
by
FarCenter
To: FarCenter
Happy Earth Day Lenin's Birthday, USA.
2
posted on
04/22/2022 12:07:11 PM PDT
by
rfp1234
(Comitia asinorum et rhinocerum delenda sunt.)
To: FarCenter
I hate being part of that casino.
3
posted on
04/22/2022 12:07:14 PM PDT
by
brownsfan
(It's going to take real, serious, hard times to wake the American public.)
To: FarCenter
Rising interest rates, collapsing housing starts, depressed earnings, imminent stagflation, rising unemployment. Yep, that’ll do it.
4
posted on
04/22/2022 12:07:28 PM PDT
by
ProtectOurFreedom
(“Liberty is an antecedent of government, not a benefit from government” ~ Clarence Thomas)
To: ProtectOurFreedom
Thanks (NOT) Xao Bai-Dung.
5
posted on
04/22/2022 12:09:59 PM PDT
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on mycreen name for my FR home page.)
To: ProtectOurFreedom
“Rising interest rates, collapsing housing starts, depressed earnings, imminent stagflation, rising unemployment. Yep, that’ll do it.”
Throw in an idiot as Leader of the Free World and it’s no wonder we’re in free-fall!
6
posted on
04/22/2022 12:10:25 PM PDT
by
Diana in Wisconsin
(I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
To: rfp1234
7
posted on
04/22/2022 12:10:46 PM PDT
by
dragnet2
(Diversion and evasion are tools of deceit)
To: FarCenter
The Fed must really want Biden out.
8
posted on
04/22/2022 12:12:39 PM PDT
by
ProudDeplorable
(Concentrated power has always been the enemy of liberty. ~ Ronald Reagan)
To: All
9
posted on
04/22/2022 12:13:05 PM PDT
by
Diana in Wisconsin
(I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
To: ProtectOurFreedom
Just wait till Brandon really gets going.
10
posted on
04/22/2022 12:13:42 PM PDT
by
rdl6989
( )
To: FarCenter
biden forgot to blame Trump. Or maybe he forgot who Trump is. Or maybe he doesn’t know what the stock market is.
11
posted on
04/22/2022 12:13:46 PM PDT
by
I want the USA back
(The further a society drifts from the truth, the more it will hate those that speak it.th)
To: Diana in Wisconsin
You are correct except the “Free World “ part. There is no longer a Free World.
12
posted on
04/22/2022 12:15:00 PM PDT
by
laplata
(")
To: FarCenter
Another colossal failure by Forrest Botulism !!!🤨👎📉
13
posted on
04/22/2022 12:15:06 PM PDT
by
DarthVader
(o I never thought )
To: I want the USA back
biden forgot to blame Trump. Or maybe he forgot who Trump is. Or maybe he doesn’t know what the stock market is.It's Putin's sell-off.
To: FarCenter
Good. Go down another 1000pts. If it gets the Dems out of power, I’m all for it. (Anyway, I’m in 100% cash).
To: ProudDeplorable
Does that mean they want Kamala in? Pelosi? Blinken?
The next in line are Yellen, Austin and Garland....
Spin the wheel....Who shall they pick?
To: Diana in Wisconsin
“Throw in an idiot as Leader of the Free World “
Yup. The world has zero confidence in LGB. And he’s surrounded by woke clowns with big plans and no experience. Bad combo.
17
posted on
04/22/2022 12:18:41 PM PDT
by
Basket_of_Deplorables
(Putin is behaving rationally.The war is on Biden and Obama. )
To: FarCenter
DJIA still above the lows of this past March and last June.
So it’s a market correction (factoring in interest rate increases coming??), not a dump. (Yet???)
18
posted on
04/22/2022 12:20:08 PM PDT
by
Wuli
To: Diana in Wisconsin; ProtectOurFreedom
Did you copy that from ‘08? Sound like something we’ve seen before. Different idiot is a small difference.
To: FarCenter
Man, they better print some more money and FAST.
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