NASDAQ, DOW and S&P all losing over 5%.
Dow 10,835.28 -609.33 -5.32%
Nasdaq 2,378.96 -153.45 -6.06%
S&P 500 1,124.64 -74.74 -6.23%
Yep, it’s an Obama rally!. He said there are no more discretionary cuts possible, need to work on Medicare cuts, have a long-term plan with lots of tax increases. I just don’t see the problem. /s