Author Topic: Dow closes more than 1,000 points down for second time this week  (Read 569 times)

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Dow closes more than 1,000 points down for second time this week
« on: February 08, 2018, 09:22:04 pm »
Dow closes more than 1,000 points down for second time this week
By Sylvan Lane - 02/08/18 04:04 PM EST

The Dow Jones industrial average closed 1,033 points lower on Thursday, the second day of the week it has experienced a four-digit loss.

The Dow fell 4.1 percent, closing at 23,860. The Nasdaq lost 274 points on the day (3.9 percent), while the S&P 500 closed with a 100-point loss (3.75 percent).

Thursday's close is the second time in history the Dow has lost more than 1,000 points in one day. It fell 1,175 points on Monday.

Overall, the Dow has lost more than 2,000 points since Jan. 26, erasing 2018’s early stock gains and cutting into the massive increase the index experienced during President Trump’s first year in office.

more
http://thehill.com/policy/finance/373001-dow-closes-more-than-1000-points-lower-as-stocks-take-heavy-losses
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Offline Slip18

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Re: Dow closes more than 1,000 points down for second time this week
« Reply #1 on: February 08, 2018, 09:46:03 pm »
I was watching it while I was listening to your excellent video.

It is not the worst percentagewise, but dang.  Just calling it a correction.  Nothing wrong with the fundamentals.

But it was frightening and exciting at the same time.

My goodness me.

 **nononono*
"It's fun; baseball's fun."  Yogi Berra