Dow drops more than 300 points amid US-China trade worries

[workinclasszero]

Dow drops more than 300 points amid US-China trade worries
Fred Imbert/Sam Meredith Published 6 Hours Ago Updated 40 Mins Ago

Stocks traded sharply lower on Thursday as investors looked past solid quarterly results while trade and geopolitical worries mounted.

The Dow Jones industrial average fell 320 points, with Caterpillar as the worst-performing stock. The 30-stock index also dropped below its 200-day moving average for the first time since April 2. The S&P 500 declined 1.2 percent, pushing below its 200-day moving average, with health care and financials lagging. The Nasdaq composite also pulled back 1.2 percent.

"We're facing a dual headwind of trade wars and noise" around the Mueller investigation, said Art Hogan, chief market strategist at B. Riley FBR. He noted the market had recently been ignoring news about Trump's legal troubles as corporate earnings results flooded the news cycle.

https://www.cnbc.com/2018/05/03/futures-point-to-higher-open-on-wall-street-amid-u-s-sino-trade-talks-earnings.html

[malaise]

1. Dow hasn't been above ground one day since Friday

It's going down with Don the Con

[workinclasszero]

2. The usual results of total republican control of our economy

This time with more felonies, thanks Trump!

[C_U_L8R]

3. Heckova job Trump

and all the GOP nitwits who are driving our economy into the gutter.
Party of financial strength and stability, my ass.