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Stocks open with losses as control of Congress too close to call
The Hill ^ | 11/09/2022 | SYLVAN LANE

Posted on 11/09/2022 7:44:07 AM PST by ChicagoConservative27

The stock market opened with losses Wednesday morning as Wall Street waited to find out which party would control the House and Senate next year.

The Dow Jones Industrial Average opened with a loss of roughly 200 points Wednesday, falling 0.7 percent after the opening bell. The S&P 500 index opened 0.9 percent lower, and the Nasdaq composite sunk 1 percent after the opening bell.

The opening decline comes as election results from around the U.S. show a remarkably tight battle for control of Congress.

Republican lawmakers and candidates expected to ride a “red wave” to a commanding majority in the House. Republicans were also hopeful to win control of the Senate, though faced a steeper path to a majority in the upper chamber.

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


TOPICS: Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: congress; control; losses; stocks
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How many seats will the repubs end up with? 10-15?
1 posted on 11/09/2022 7:44:07 AM PST by ChicagoConservative27
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To: ChicagoConservative27

At this point, I’ll take a 5-10 seat majority.


2 posted on 11/09/2022 7:45:18 AM PST by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
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To: ChicagoConservative27

The winner of the 2022 election?

Big Government.


3 posted on 11/09/2022 7:45:47 AM PST by PGR88
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To: PGR88

I figure what they’ve been doing to prop up the democrats and Biden with the economy will now have the bottom fall out.

Looking at a deep recession in my opinion. Meta announced layoffs today. Not last week. Not yesterday. Today. Coincidence?

Watch for inflation and unemployment numbers to start climbing and growth to go negative.


4 posted on 11/09/2022 7:53:28 AM PST by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
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To: Nathan _in_Arkansas

Meta announced layoffs today

**************

Lots of companies are cutting back and/or putting on hiring freezes.


5 posted on 11/09/2022 8:00:51 AM PST by Starboard
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To: Starboard

Now that the election is over, they can begin the pain.


6 posted on 11/09/2022 8:02:09 AM PST by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
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To: PGR88

The bigger government gets the more opportunities there are for corruption and graft. That’s how the game works.


7 posted on 11/09/2022 8:02:47 AM PST by Starboard
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To: Nathan _in_Arkansas

At this point, I’d settle for a 1 seat House majority and a 50-50 Senate.


8 posted on 11/09/2022 8:03:37 AM PST by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: ChicagoConservative27

American chose poorly.


9 posted on 11/09/2022 8:04:42 AM PST by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: Nathan _in_Arkansas

Now that the election is over, they can begin the pain.

**************

Expect to see some “adjustments” to future economic reports to back out the pre-election padding that was used to cover up the real numbers. They can drop the bad stuff on us now.


10 posted on 11/09/2022 8:05:24 AM PST by Starboard
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To: Chgogal

American chose poorly.

*************

Americans are gullible and easily misled.

You can fool most of the people most of the time.


11 posted on 11/09/2022 8:06:33 AM PST by Starboard
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To: Starboard

Meta announced layoffs today

Learn not to code.


12 posted on 11/09/2022 8:07:19 AM PST by Flick Lives (Cui bono)
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To: Starboard

Think about this.

Biden, the Democrat Party and MSM succeeded defined being a Republican as being a fascist and ant-democracy. Get used to losing.


13 posted on 11/09/2022 8:09:14 AM PST by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: Lazamataz

“At this point, I’d settle for a 1 seat House majority and a 50-50 Senate.”

*************

Biden and company are going to rule by more EO’s and administrative dictates than ever so having a tiny House majority isn’t going to check the abuses of power to come IMO.


14 posted on 11/09/2022 8:09:56 AM PST by Starboard
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To: ChicagoConservative27
"Stocks open with losses as control of Congress too close to call"

Stocks open with losses as control of Congress too close to call GOP gets it ass kicked down the road, and commies/Marxists/socialists prosper.

15 posted on 11/09/2022 8:11:12 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Chgogal

The dumbing down of the country, the debasing of our culture and dilution of our demographics have paid off big for the Democrats. They had a plan and it worked.

America is a much different place today. A cheap imitation of a once great country.


16 posted on 11/09/2022 8:13:04 AM PST by Starboard
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To: Carriage Hill

The great statesman and patriot John Fetterman will be there to help lead the country forward. We should all be grateful. /sarc


17 posted on 11/09/2022 8:14:51 AM PST by Starboard
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To: Starboard

I’d bet $5 that he steps down, and his wife is appointed to fill his chair, by the Shapiro scumbag.


18 posted on 11/09/2022 8:21:03 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Carriage Hill

Why step down? He doesn’t have to do anything, or even show up for work for that matter. Its not a prerequisite or requirement for the job if you’re a Dem.

Pennsylvania knew what it was getting yet they still elected him. He’s an acceptable choice to them.


19 posted on 11/09/2022 8:29:02 AM PST by Starboard
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To: Starboard

It all started when slick Willy defeated Shrub senior to win the White House.


20 posted on 11/09/2022 8:33:45 AM PST by No name given (Anonymous is who you’ll know me as. )
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