After rallying in the last session, Wall Street plummeted deep into the red on Wednesday as traders' focus shifted from the U.S. elections to the looming fiscal cliff.
Today's Markets
As of 9:45 a.m. ET, the Dow Jones Industrial Average slumped 160 points, or 1.2%, to 13084, the S&P 500 dipped 18.2 points, or 1.3%, to 1410 and the Nasdaq Composite fell 37 points, or 1.2%, to 2975.
Read more: http://www.foxbusiness.com/markets/2...#ixzz2BYEQ3qvY
Drop being driven by European events as well. Markets fluctuate, if they constantly rose, you see the fallacy of that idea.
Fox never disappoints. Blame Obama. Pretty sure this nor'easter is his fault too.
What a fool you are...
Again,
Market dropped 486 points the day after the 1st Obama election...
http://money.cnn.com/2008/11/05/mark...york/index.htm
no suprise today...
Market has gained 4 thousand or so points under Obama's 1st watch...I expect about the same during the 2nd..
HONG KONG (CNNMoney) -- World markets lost momentum and turned lower Wednesday, following the re-election of U.S. President Barack Obama and pessimistic comments from European Central Bank president Mario Draghi.
"Unemployment is deplorably high," the central bank president said. "Overall economic activity is weak and it is expected to remain weak in the near term. And the growth of money and credit are subdued."
http://money.cnn.com/2012/11/06/inve...ml?hpt=hp_t2_6
So, after the election, nothing has changed. Anyone expect sanity to return to government in the next 7 - 8 weeks?
Seems the market may not.
Market dropped 486 points the day after the 1st Obama election...
http://money.cnn.com/2008/11/05/mark...york/index.htm
no suprise today...
Market has gained 4 thousand or so points under Obama's 1st watch...I expect about the same during the 2nd..
Deal with it..
I'm curious where some of these pasters were when there were big gains in the market?
I don't earn any stocks personally, but my TSP does. I'm leaving my money right were it is, because, most likely, there will be bargain hunters out there to get the stocks up again. If not, oh well, too bad.
To retaliate in kind would do nothing but intensify the existence of hate in the universe. Along the way of life, someone must have sense enough, and morality enough, to cut off the chain of hate. ~~ MLK
The stock market actually does better under Democrats, it's a matter of public record.
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