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Stocks fall Tuesday as Wall Street resumes sell-off, Snap drags tech lower
CNBC ^ | 5/24/2022 | Tanaya Macheel

Posted on 05/24/2022 7:00:48 AM PDT by Tell It Right

Stocks fell early Tuesday morning as the markets struggled to sustain a comeback rally following weeks of losses.

The Dow Jones Industrial Average fell 220 points, or 0.7%. The S&P 500 dipped 1.3%, and the Nasdaq Composite dropped 2.2%.

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


TOPICS: Business/Economy
KEYWORDS: bidenflation; bidenswar; market; nyse; stocks
The S&P 500 is down 18% from it's ATH in January.



File photo of traders on NYSE floor

1 posted on 05/24/2022 7:00:48 AM PDT by Tell It Right
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To: Tell It Right

This actually happened to my nephew the last time around. He was married so he couldn’t go home.

He went to law school instead


2 posted on 05/24/2022 7:02:59 AM PDT by bert ( (KWE. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)
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To: Tell It Right

The “Everything Bubble” is popping. Joe is pooping.


3 posted on 05/24/2022 7:03:11 AM PDT by packagingguy
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To: Tell It Right

Today’s price decline indicates the price increases on Friday and Monday were a ‘double’ dead cat bounce.


4 posted on 05/24/2022 7:17:41 AM PDT by Presbyterian Reporter
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To: packagingguy

But do you think DJIA will drop to 15,000 by late September 2022 as I predict?


5 posted on 05/24/2022 7:19:49 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: Tell It Right; All
https://www.the92ers.com/blog/victory-has-one-thousand-fathers-while-defeat-dies-orphan-ben-bernanke-and-todays-chaos
6 posted on 05/24/2022 7:20:54 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Presbyterian Reporter

SPX
S&P DOW JONES INDEX S&P 500
$3,880.08-93.67 (-2.36%)

current price.

Will the 3810 low set on Friday be taken out today???

If that happens, the market is in major trouble.


7 posted on 05/24/2022 7:21:55 AM PDT by Presbyterian Reporter
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To: Tell It Right

Lost almost 20K from my 401K’s in the last month - should’a put in all in Beannie Babies....


8 posted on 05/24/2022 7:35:37 AM PDT by Psalm 73 ("You'll never hear surf music again" - J. Hendrix)
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To: Psalm 73

If only I had invested in the Pet Rock back in the 70s...


9 posted on 05/24/2022 7:55:34 AM PDT by Signalman
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To: Tell It Right

Shut down pipe lines and end drilling effects EVERYTHING down the line and it’s has little if anything to with electric cars
it’s all about control not all at once but a slow pain until you comply.

Stalin taps tune on box


10 posted on 05/24/2022 8:44:53 AM PDT by Vaduz ( )
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To: Vaduz
Agreed. If the Dims are successful in forcing or convincing lost of folks to switch to EV's, all they'll do is make power as scarce as they try to make oil.

Reasons like that are why I put a large solar system onto my house.

11 posted on 05/24/2022 8:52:29 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

Ay the rate they work hope the don’t tax you for them makes one wonder why they give a tax brake in the first place bait?.
good luck


12 posted on 05/24/2022 9:24:47 AM PDT by Vaduz ( )
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To: Psalm 73

I lost double that.


13 posted on 05/24/2022 9:32:14 AM PDT by Hildy
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To: Tell It Right
#11 Reasons like that are why I put a large solar system onto my house.
Isn't it a bit crowded with Jupiter and the other gas giants in the house?

Blnk
14 posted on 05/24/2022 12:26:03 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: minnesota_bound

I had extra space after the kids moved out. LOL


15 posted on 05/24/2022 12:28:55 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right


Blnk
16 posted on 05/24/2022 12:32:03 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: Hildy
"I lost double that."

That's just infuriating.

If we even make it to November, the Dems should take a beating they so richly deserve.

17 posted on 05/24/2022 3:58:57 PM PDT by Psalm 73 ("You'll never hear surf music again" - J. Hendrix)
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