0311
Diamond Member
NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.
apnews.com
NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.
apnews.com
The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week. That stretches back to before the Iran war began, and it would be the longest such losing streak in nearly four years.
The Dow Jones Industrial Average dropped 469 points, or 1%, and the Nasdaq composite sank 2.4% to fall more than 10% below its all-time high set early this year. That’s a steep enough drop that professional investors have a name for it: a “correction.”
Stock markets likewise tumbled across much of Asia and Europe. They’re the latest flip - flops for financial markets in a week that began with big hopes after President Donald Trump said productive talks had taken place about ending the war. But Iran denied direct talks were underway and then dismissed a U.S. proposal for a ceasefire that was delivered via Pakistan.
Trump was warned this would happen, just like he was warned Oil Prices spiking. He chose to ignore those warnings. No one the WH thought that Iran would close the Straits of Hormuz, maybe they forgot about Iran-Iraq War in1980's. They are operating under the misguided belief that sucking to Trump and telling him only what wants to hear is a good way to run his Unconstitutional War. THEY ARE WRONG!!!!!
Wall Street falls to its worst drop since the Iran war as the Nasdaq sinks 10% below its record
U.S. stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict.
NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran.
Wall Street falls to its worst drop since the Iran war as the Nasdaq sinks 10% below its record
U.S. stocks had their worst day since the war with Iran started, as doubt took over again from hope on Wall Street about a possible end to the conflict.
The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week. That stretches back to before the Iran war began, and it would be the longest such losing streak in nearly four years.
The Dow Jones Industrial Average dropped 469 points, or 1%, and the Nasdaq composite sank 2.4% to fall more than 10% below its all-time high set early this year. That’s a steep enough drop that professional investors have a name for it: a “correction.”
Stock markets likewise tumbled across much of Asia and Europe. They’re the latest flip - flops for financial markets in a week that began with big hopes after President Donald Trump said productive talks had taken place about ending the war. But Iran denied direct talks were underway and then dismissed a U.S. proposal for a ceasefire that was delivered via Pakistan.
Trump was warned this would happen, just like he was warned Oil Prices spiking. He chose to ignore those warnings. No one the WH thought that Iran would close the Straits of Hormuz, maybe they forgot about Iran-Iraq War in1980's. They are operating under the misguided belief that sucking to Trump and telling him only what wants to hear is a good way to run his Unconstitutional War. THEY ARE WRONG!!!!!