Posted on 05/18/2022 10:58:34 AM PDT by 1Old Pro
The Dow Jones Industrial Average shed 1,029 points, or 3.2%, with the average set for its first loss in four days. S&P 500 traded 3.6% lower, while the Nasdaq Composite slipped 4.3%.
Markets returned to heavy selling after two back-to-back quarterly reports from Target and Walmart advanced investor fears of rising inflation. It's the fifth Dow decline of more than 800 points this year, which all occurred as the stock sell-off intensified within the last one month, according to FactSet data.
(Excerpt) Read more at msn.com ...
Everyone focuses on the DJIA, but the Nasdaq has been the bloodiest. Will 10,000 Nasdaq get broken?
Not only am I repressed by Biden, I'm also depressed by Biden.
Does appear to be on a downward trend.
And, you know there’s only bad news coming out of the Brandon admin.
Yeah, but it’ll get real Venezuelan if the people try to protest in DC. J6 will look like a slap on the hand.
I was in a thrift store yesterday, checking out, when a big, rough looking guy holding a baby and who had a younger guy at his side announced to his relation, the cashier:
We just lost our jobs!
He said they were heading back to Wyoming. She asked him if he had enough gas money to get back there.
So many people are barely hanging on by a thread.
It’s gonna get very ugly, I’m afraid.
I’ve got shares in Gazprom purchased when it cratered, several hours before it was halted. Still waiting....
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