DOW dropped over 400 points yesterday...is dropping over 500 points overnight

[McRocket]

@DJ.1: Dow Jones Fut (Dec'18) - Stock Quote and News - CNBC

Right now, the DOW has completely erased all of 2018's gains.
Same with the NASDAQ.
And the S&P 500.
And the Russell 2000.

 

[there4eyeM]

The same people who played their money games that cause the last big "crisis" have continued their ways. This will continue to inflict suffering on the rest of us as long as it is permitted to go on.

 

[McRocket]

The stock market rout spreads to big box retail

'Target shares fell as much as 11% this morning after it narrowly missed analyst expectations for the quarter, as massive selling took all three major U.S. stock markets underwater for the year.

The big picture: In trading this morning, the Dow, the S&P and Nasdaq all wiped out their gains for the year. Retail stocks were hit hard just three days before Black Friday, the biggest brick-and-mortar shopping event of the year.

The other side: Many traditional retailers have reported strong sales growth quarter after quarter this year — Target reported today that sales surged 5.1% in the third quarter, for example.

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  • The National Retail Federation projects U.S. holiday spending this season to reach an all-time high. It says Americans will spend 4.1% more this year than last.

The bottom line: Markets are jittery amid the U.S.-driven trade war, slowing global economic growth, and a cloud around Big Tech. That U.S. economic fundamentals appear strong has not seemed to matter to Wall Street investors.'

The stock market rout spreads to big box retail

 

[McRocket]

Well, now the DOW is down over 500 points.

 

[Tax Man]

@DJ.1: Dow Jones Fut (Dec'18) - Stock Quote and News - CNBC

Right now, the DOW has completely erased all of 2018's gains.
Same with the NASDAQ.
And the S&P 500.
And the Russell 2000.

Down to 541 as of this post.

 

[McRocket]

It finished down 551.8 points.

It is now down 1.03% YTD.

 

[Mr Natural]

Making America Great Again!

 

[saveliberty]

I did some buying today. Black Friday could be huge!

 

[McRocket]

'Futures Jump, Dollar Slides After Report Fed May End Hikes As Early As Spring

After yesterday's historic rout in the market, there were signs of stabilization in overnight trading with most markets trading higher, with the key catalyst a report from MNI that the Fed may end its rate hikes as soon as this coming spring.'

Futures Jump, Dollar Slides After Report Fed May End Hikes As Early As Spring

 

[McRocket]

BTW - the futures market is down for US equities for tomorrow's shortened trading day.

 

[McRocket]

DOW futures down 138 points as of now.