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In reply to the discussion: Government shutdown: John Boehner: ‘There’s going to be a negotiation’ [View all]DallasNE
(7,998 posts)Obama was scheduled to speak at 2:00PM http://www.washingtonpost.com/blogs/erik-wemple/wp/2013/10/08/at-obamas-press-conference-wheres-the-accountability/ This post has retweets in the 2:20 to 2:40 timeline so he may not have started until about 2:15.
Here is Dow chart showing late bump before plunging 60 points in the last 35 minutes. http://t.money.msn.com/investing/stock-price?symbol=$INDU
Now I wasn't paying close attention to when during the press conference I first observed the Dow. My recollection was the Dow was down 137 but the chart shows it must have been down 127 instead. I was shocked when it was down in the upper 90's several minutes later, confirmed by the chart. So the bounce was 30 points rather than 40 points. Big deal.
I could not find a timeline on when Boehner spoke but I'm sure it was not over an hour after Obama finished. I had a phone call as Sam Stein was asking his question so I had a several minute gap and when I came back it was only a couple of minutes before Boehner stepped up to the mike. I did find a write-up on Boehners presser that was filed at 4:38 so it is almost certain that Boehner had finished before 4:30.