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Dow Jones Industrial Average 3/24/25
Mkt Watch ^ | Mar 24, 2025 | Mkt Watch

Posted on 03/24/2025 10:43:34 AM PDT by central_va

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Maybe this ridiculous trillion dollar sell off over paltry $100B tariff is over.
1 posted on 03/24/2025 10:43:34 AM PDT by central_va
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To: central_va

TSLA +$25+


2 posted on 03/24/2025 10:45:41 AM PDT by avital2
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To: avital2
Tesla Inc.

$274.61

$25.90 up 10.41% 1:48 p.m. EDT

3 posted on 03/24/2025 10:48:21 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

The DOW is not up. It’s the dollar that is down, making the market appear to be up.


4 posted on 03/24/2025 10:48:55 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
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To: C210N

Big fat tariffs strengthen the dollar over the long term.


5 posted on 03/24/2025 10:49:59 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va
Markets in the broad conceptual sense may be rational, but the stock market most certainly is not. It is frequently driven by baseless emotion, herd mentality, and just plain ignorance. Just watch on any given day how exactly the same economic news can cause the market to both go up AND down.

If markets were truly rational it would be easy to predict their direction, yet no one can reliably do that. The stock market is little more than a casino.

6 posted on 03/24/2025 10:56:09 AM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: noiseman

The NYSE market represents INTERNATIONAL interest$ which are often opposed to the interests of the working class of the USA.


7 posted on 03/24/2025 10:58:33 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Strong dollar not our friend.


8 posted on 03/24/2025 10:59:25 AM PDT by 9YearLurker
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To: C210N

That’s weird, I’m looking at the chart right now, and it says that it is up... 469.49 at the moment... and never once in history have I seen a large change in the Dow, either up or down, get explained away as a function of the dollar going up or down that day... and yet here you are. Hmm.


9 posted on 03/24/2025 11:01:29 AM PDT by Teacher317
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To: 9YearLurker
Strong dollar not our friend.

Only if you like inflation.

10 posted on 03/24/2025 11:02:30 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

If you like squaring the trade imbalance, you should want a somewhat weaker dollar—as the Trump administration has stated it wants.


11 posted on 03/24/2025 11:03:51 AM PDT by 9YearLurker
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To: C210N

“The DOW is not up. It’s the dollar that is down, making the market appear to be up.”

########################

The dollar is at equilibrium. A more expensive dollar means other countries won’t buy as much of our goods, including our financial ones (stocks and bonds), or invest in our country (real estate, factories). A less expensive dollar means they will. It goes both ways. A less expensive dollar is not necessarily a bad thing, and a more expensive dollar is not necessarily a good thing.


12 posted on 03/24/2025 11:07:15 AM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Teacher317

“...never once in history have I seen a large change in the Dow, either up or down, get explained away as a function of the dollar going up or down that day...”

That was a new one for me as well.


13 posted on 03/24/2025 11:07:18 AM PDT by Magic Fingers (Political correctness mutates in order to remain virulent.)
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To: 9YearLurker

For me, I want a strong dollar and protectionism for the next 50 years. That’s just me ( and every other Patriot ).


14 posted on 03/24/2025 11:07:22 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Teacher317

Unfortunately, the markets having a great day today, and then Trump tries to take the steam away by announcing more tariffs. Hopefully it still closes up for the day.


15 posted on 03/24/2025 11:07:44 AM PDT by ncfool (we are witnessing the rebirth of American greatness 🇺🇸)
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To: Magic Fingers
That was a new one for me as well.


16 posted on 03/24/2025 11:09:01 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: ncfool
Trump tries to take the steam away by announcing more tariffs.

Tariffs are great for the USA. The global international interest$ repesented by the DOW etc. should not be the metric of sound US economic policy.

17 posted on 03/24/2025 11:14:47 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Uh oh the democrats are going to be doing cross burning and sacrificial acts to please their evil master hide your pets.


18 posted on 03/24/2025 11:16:32 AM PDT by Vaduz
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To: Vaduz

Tesla stock going up makes Democrats head spin and spit up pea soup.


19 posted on 03/24/2025 11:19:35 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Trump and his economic team aren’t patriots?!?!


20 posted on 03/24/2025 11:20:55 AM PDT by 9YearLurker
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