Dow plunges nearly 800 points on rising fears of an economic slowdown

[McRocket]

'Stocks fell sharply on Tuesday in the biggest decline since the October rout as investors worried about a bond-market phenomenon signaling a possible economic slowdown. Lingering worries around U.S.-China trade also added to jitters down Wall Street.

The Dow Jones Industrial Average fell 791 points, or 3.06 percent, posting its worst day since Oct. 10. At its low of the day, the Dow had fallen more than 800 points. The S&P 500 declined 3.2 percent to close below its 200-day moving average as the financials sector lagged. Utilities was the only positive sector in the S&P 500, rising 0.16 percent. The Nasdaq Composite also dropped 3.8 percent to close back in correction territory. Trading volume in U.S. stocks was also higher than usual on Wall Street.

The yield on the three-year Treasury note surpassed its five-year counterpart on Monday. When a so-called yield curve inversion happens — short-term yields trading above longer-term rates — a recession could follow, though it is often years away after the signal triggers.


Stocks began falling to their lows of the day after Jeffrey Gundlach, CEO of Doubleline Capital, told Reuters this inversion signals that the economy "is poised to weaken."'

Dow plunges nearly 800 points on rising fears of an economic slowdown

Fugly.

BTW, the Russell 2K (small market) dropped 4.45% and the VIX (volatility index) shot up 25.3%.

Again...fugly.

 

[Cellblock2429]

'Stocks fell sharply on Tuesday in the biggest decline since the October rout as investors worried about a bond-market phenomenon signaling a possible economic slowdown. Lingering worries around U.S.-China trade also added to jitters down Wall Street.

The Dow Jones Industrial Average fell 791 points, or 3.06 percent, posting its worst day since Oct. 10. At its low of the day, the Dow had fallen more than 800 points. The S&P 500 declined 3.2 percent to close below its 200-day moving average as the financials sector lagged. Utilities was the only positive sector in the S&P 500, rising 0.16 percent. The Nasdaq Composite also dropped 3.8 percent to close back in correction territory. Trading volume in U.S. stocks was also higher than usual on Wall Street.

The yield on the three-year Treasury note surpassed its five-year counterpart on Monday. When a so-called yield curve inversion happens — short-term yields trading above longer-term rates — a recession could follow, though it is often years away after the signal triggers.


Stocks began falling to their lows of the day after Jeffrey Gundlach, CEO of Doubleline Capital, told Reuters this inversion signals that the economy "is poised to weaken."'

Dow plunges nearly 800 points on rising fears of an economic slowdown

Fugly.

/---/ I'm sure Speaker Piglosi will come to the rescue and save the economy. I'm sure of it.

 

[bodecea]

Up Down Up Down....remember, this isn't important......all that's important is Lord tiny trump.

 

[Bruce_T_Laney]

'Stocks fell sharply on Tuesday in the biggest decline since the October rout as investors worried about a bond-market phenomenon signaling a possible economic slowdown. Lingering worries around U.S.-China trade also added to jitters down Wall Street.

The Dow Jones Industrial Average fell 791 points, or 3.06 percent, posting its worst day since Oct. 10. At its low of the day, the Dow had fallen more than 800 points. The S&P 500 declined 3.2 percent to close below its 200-day moving average as the financials sector lagged. Utilities was the only positive sector in the S&P 500, rising 0.16 percent. The Nasdaq Composite also dropped 3.8 percent to close back in correction territory. Trading volume in U.S. stocks was also higher than usual on Wall Street.

The yield on the three-year Treasury note surpassed its five-year counterpart on Monday. When a so-called yield curve inversion happens — short-term yields trading above longer-term rates — a recession could follow, though it is often years away after the signal triggers.


Stocks began falling to their lows of the day after Jeffrey Gundlach, CEO of Doubleline Capital, told Reuters this inversion signals that the economy "is poised to weaken."'

Dow plunges nearly 800 points on rising fears of an economic slowdown

Fugly.

/---/ I'm sure Speaker Piglosi will come to the rescue and save the economy. I'm sure of it.

Like she did from 2007 to 2009...

 

[william the wie]

In percentage terms I lost only 2/3 as much as the Dow/S&P so I am less unhappy than most but this does hurt.

 

[McRocket]

Bloodbath - From Triumphant Truce To Deal Dysphoria In 36 Hours

'Trump and Xi were the powdered sugar awesomeness on the top of the Powell vanilla latte yumminess from last week... and then this happens...'

(watch from about 2:10 onwards for the point)

Speed Boat CRASH with Seven Passengers

Bloodbath - From Triumphant Truce To Deal Dysphoria In 36 Hours

 

[SobieskiSavedEurope]

Republicans did it again, and not a in a positive way for the stock-market, either.

 

[BlackFlag]

'Stocks fell sharply on Tuesday in the biggest decline since the October rout as investors worried about a bond-market phenomenon signaling a possible economic slowdown. Lingering worries around U.S.-China trade also added to jitters down Wall Street.

The Dow Jones Industrial Average fell 791 points, or 3.06 percent, posting its worst day since Oct. 10. At its low of the day, the Dow had fallen more than 800 points. The S&P 500 declined 3.2 percent to close below its 200-day moving average as the financials sector lagged. Utilities was the only positive sector in the S&P 500, rising 0.16 percent. The Nasdaq Composite also dropped 3.8 percent to close back in correction territory. Trading volume in U.S. stocks was also higher than usual on Wall Street.

The yield on the three-year Treasury note surpassed its five-year counterpart on Monday. When a so-called yield curve inversion happens — short-term yields trading above longer-term rates — a recession could follow, though it is often years away after the signal triggers.


Stocks began falling to their lows of the day after Jeffrey Gundlach, CEO of Doubleline Capital, told Reuters this inversion signals that the economy "is poised to weaken."'

Dow plunges nearly 800 points on rising fears of an economic slowdown

Fugly.

BTW, the Russell 2K (small market) dropped 4.45% and the VIX (volatility index) shot up 25.3%.

Again...fugly.

The stock buyback train from the tax cuts was never going to last forever. The wealth gap has grown sufficiently to please Trump and the eites that he serves, though.

 

[william the wie]

The problems right now are:

The interest rate curve is effectively flat.

the Chinese are dragging their feet.

And the USMCA agreement is more important than the China drill but the market thinks the opposite.

 

[McRocket]

DOW Futures down about 350 points.

The jobs numbers better be fantastic today.

 

[McRocket]

Oops...make that down 450+ points in pre-market trading.

 

[Cellblock2429]

DOW Futures down about 350 points.

The jobs numbers better be fantastic today.

/——/ Yeah, democRATs promised to spend 2 years investigating Trump and his family with multiple investigations. They will disrupt everything to drive down the economy’s debt harm Americans. It’s the way they roll.

 

[william the wie]

DOW Futures down about 350 points.

The jobs numbers better be fantastic today.

/——/ Yeah, democRATs promised to spend 2 years investigating Trump and his family with multiple investigations. They will disrupt everything to drive down the economy’s debt harm Americans. It’s the way they roll.

all that will do is speed up the loss of Blue Wall tax base.