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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDow has worst Christmas Eve on record, S&P enters bear market
The Dow Jones Industrial Average had its worst recorded Christmas Eve day of trading Monday, dropping more than 640 points, while the S&P 500 dropped more than 50 points and entered a bear market, a 20 percent fall from its peak in August.
The dismal day of trading followed the Dow's worst week since the financial crisis in 2008. The continued market decline followed tweets from President Trump attacking the Federal Reserve.
Markets are on track to have their worst December since 1931, at the height of the Great Depression. They are in the red for the entirety of 2018.
According to CNBC, the second worst Dow performance on Christmas Eve was more than 30 years ago, in 1985, when it fell just over 0.6 percent. Monday's close drop amounted to 2.9 percent.
https://thehill.com/policy/finance/422763-dow-has-worst-christmas-eve-on-record-sp-enters-bear-market
Turbineguy
(37,383 posts)Expect more of his generosity.
thegoose
(3,115 posts)And what do you think you get, MAGATS?????? 👹👹👹👹👹👹
Yo_Mama_Been_Loggin
(108,320 posts)Andy823
(11,495 posts)Only the biggest and best drop in history of the dow, no messing around, when trump wants to screw things up he is the best at it!
ProudLib72
(17,984 posts)It's certainly not Rump. Must be Dems or Obama or maybe HRC.
In case you couldn't tell
Lock him up.
(6,946 posts)Republicans Don't Care.