O....M....G....DJIA Hits 50,000 Another huge win for Trump

[jacksonlamb]

Are we winning yet?

Dow slides more than 450 points, pressured by rising oil prices and doubts over Iran negotiations: Live updates

Higher oil prices and traders' worries over next steps in Iran pulled the major averages lower on Thursday.

www.cnbc.com

The S&P 500 fell on Thursday, weighed by higher oil prices, as traders followed the latest developments out of the Middle East.

The broad market index declined 1.74% to end at 6,477.16, while the Nasdaq Composite shed 2.38% and closed at 21,408.08. The tech-heavy index closed in correction territory, down more than 10% from its high. The Dow Jones Industrial Average dipped 469.38 points, or 1.01%, and settled at 45,960.11.

Crude prices rose on Thursday, putting pressure on equities. Brent futures jumped 5.66% to settle at $108.01 per barrel. West Texas Intermediate futures climbed 4.61% to end at $94.48.

Trump's DOW on January 22, 2025 was 44,156.73. It climbed to over 50,000. And now it is at 45,960.11

If this had happened under Biden, the Trumpers would have shot him.

 

[Zincwarrior]

Indexes have now fallen into correction territory.

 

[Mashmont]

Trump's DOW on January 22, 2025 was 44,156.73. It climbed to over 50,000. And now it is at 45,960.11

If this had happened under Biden, the Trumpers would have shot him.

I can’t get over leftwingers panicking over an 8% drop from the record high. It’s time to get a CD, girls.

 

[citygator]

I can’t get over leftwingers panicking over an 8% drop from the record high. It’s time to get a CD, girls.

But.. is it a huge win?

 

[Lisa558]

Good buying opportunity for those who keep some powder dry.

 

[Mashmont]

But.. is it a huge win?

Odd, you didn’t post on the up days this week. Just complaining on the down days. Here’s a pro tip: negative people stay poor. I’ve observed this from 35 years in business. This is why most leftwingers are poor as dirt.

 

[Lisa558]

When the stock market plummeted in 2008 - 2009, I bought some battered down stocks, rode them back up, and retired 18 months ahead of schedule as a result.