Posted on 02/05/2018 10:10:59 AM PST by SeekAndFind
The White House said Monday it is worried about the U.S. stock market sell-off.
"We're always concerned when the market loses any value, but we're also confident in the economy's fundamentals," an official said in a statement to CNBC.
The Dow Jones industrial average briefly fell more than 300 points Monday morning and the S&P 500 traded about 0.75 percent lower, extending last week's plunge.
President Donald Trump has touted the strong stock market performance since his election win and has yet to deal with a significant market pullback. The Dow is up more than 30 percent since the election.
(Excerpt) Read more at cnbc.com ...
Yet it is still up over 400% from last year and 1000% more than the year before. Some of us aren’t worried.
Markets opened a half hour ago and Yahoo finance is down.
My bad. I forgot they open at 9:30, not 9.
Futures were down before opening bell over 200 points. It looks like a huge correction. we are down over 8% for the past 3 days.
The dow started today down over 500 and it just hit positive territory.
RE: The dow started today down over 500 and it just hit positive territory.
It’s NUTS, no rhyme or reason for this....
Well, there is profit taking and there is buying cheap. :)
It’s getting back to its “normal” trading pattern.
Amazing how they can engineer and execute a $5T global sell off but couldn't find another couple hundred thousand votes for HRC in the key states.
I suppose even Dem evil superpowers have their limits.
I’m telling you, it’s useless watching the markets minute by minute. The algos and High Frequencey trading computers are the ones responsible for this.
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