Dow closes 760 points lower in worst day of 2019

[yortsed snacilbuper]

The Dow closed down 767 points after dropping more than 950 points. The S&P 500 dropped nearly 3%, while the Nasdaq shed 3.5%. The major indexes posted their worst day of the year and have fallen more than 6% from record highs set last month.

The move continues a sell-off that began last week when President Donald Trump ordered new tariffs on the rest of Chinese goods and the Federal Reserve failed to signal it would be as aggressive as the market hoped in backstopping the economic slowdown. The Nasdaq fell for a sixth straight session, its longest losing streak since late 2016. The S&P 500 also posted a six-day losing streak. The Dow declined for a fifth straight day.

https://www.msn.com/en-us/money/markets/dow-closes-760-points-lower-in-worst-day-of-2019/ar-AAFlytq?ocid=spartandhp

[Hoyt]

1. Don't like relying on short-term markets to dis trump, but he's losing the trade war

and needs to retreat before the world economy collapses.

[TeamPooka]

4. Trump doesn't care about world markets, just his hotel's occupancy rates.

and as long as the Saudi's are keeping it full he doesn't care

[SharonAnn]

6. He got his interest rate cut from the Fed so his personal debt is cheaper.

[democratisphere]

2. It is amazing one creature is allowed to do so much damage to everything.

Are we stupid or what?!

[TeamPooka]

3. It's not done yet. This week will be a blood bath.

[Timewas]

5. I wonder

Which ones and how many of t-rumps pals are selling short when he tells them he is going to raise tariffs so they can make a killing when he changes his mind later and get the dow to jump back up