Wall Street Falls To its Worst Drop Since The Iran War As The Nasdaq Sinks 10% Below Its Record.

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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.


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.


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!!!!!
 
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.


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.


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!!!!!

it's not a correction, it's the market being jittery over uncertainty due to the Iran war.

In a few weeks when this is all hopefully over, the jitters go away, and we will be back in business.

A CORRECTION, is due to overvalue, not market squeamishness.
 
Oil is back near $100 a barrel ($99.5). Dow is down 700 points.

Edit: now down 780.
 
Last edited:
Oil is back near $100 a barrel ($99.5). Dow is down 700 points.

Edit: now down 780.

omg-panic.gif
 
LOL.....Bad day for "Making Money w/Charles Payne" sure enough. ;)

I believe this is the correction that the street has been looking for to trim down overheated tech, all it needed was an excuse.

You will note that where people spend their money (and is not tech heavy) is doing OK.

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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.


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.


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!!!!!
To the Leftist Trump hater, 3 weeks is enough evidence to declare it the worst market in the history of the world.

i-RvCkd78.gif


You people are priceless. You have absolutely no sense of perspective whatsoever. It's embarrassing.
 

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