Stocks drop 200 points amid lingering worries over Trump controversies

blackascoal said:
Stocks fell Thursday on concerns President Trump's recent controversies will not allow him to work with Congress to pass business-friendly legislation.

The Dow average fell 200 points on fears that Gary Cohn, a business-friendly adviser to the president, could resign his role as director of National Economic Council because of Trump's remarks after the violent protests in Charlottesville, Va.

The S&P 500 dropped 1.1 percent, with information technology leading decliners. The Nasdaq lagged, falling 1.5 percent.

"This [situation] is definitely disappointing for investors holding out hope for tax reform," said Mike Baele, the managing director at U.S. Bank Private Client Reserve. "It doesn't mean it's not going to happen, but it certainly" dampens the outlook.*
http://www.msn.com/en-us/money/mark...oversies/ar-AAqfoHR?li=AA4Zjn&ocid=spartanntp
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Hey shitforbrains, what stock dropped 200 points?

LOL u r clueless
 
cawacko said:
housing has to be playing a role but honestly I don't follow close enough even though i should
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Housing???????????????????????

U have no clue

U.S. stocks plunged today because losses for Cisco Systems hurt technology companies while Wal-Mart declined after its latest quarterly report. Banks also dropped as bond yields and interest rates sank for a second day.

You may resume playing with your doll house now
 
cawacko said:
housing has to be playing a role but honestly I don't follow close enough even though i should
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Housing has been off. FED has been pulling back since spring. Banks did well due to a rate hike that they didn't pass along to consumers.

Much of this bump is just another bubble based on nothing...as you suggested earlier. My funds have doubled, and will halve before year's end.
 
TheDonald said:
Housing???????????????????????

U have no clue

U.S. stocks plunged today because losses for Cisco Systems hurt technology companies while Wal-Mart declined after its latest quarterly report. Banks also dropped as bond yields and interest rates sank for a second day.

You may resume playing with your doll house now
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LOL, nice copy and paste job
 
cawacko said:
why take the position to begin with then?
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He, like many others, thought that he'd be in a position to push through legislation that would quadruple his/his cronies' portfolios.

He, like many others, never realized that trump must always be in the spotlight, with no room for anyone else in the vicinity. In essence, he cripples all of his cabinet members.
 
cawacko said:
You copied and pasted the first paragraph from this article. Stick to trolling.

http://abcnews.go.com/Business/wireStory/us-stocks-slip-results-wal-mart-cisco-49271679
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Yes fuckface, I read about the market and copied and pasted that. What I pasted was REAL, unlike the FAKE babble that you posted about housing.

Whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Yea idiot housing brought the market down today because all you can afford is a trailer rental.

You have no idea how dumb that u r
 
TheDonald said:
Yes fuckface, I read about the market and copied and pasted that. What I pasted was REAL, unlike the FAKE babble that you posted about housing.

Whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Yea idiot housing brought the market down today because all you can afford is a trailer rental.

You have no idea how dumb that u r
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Sorry Mr. Buffett but he was speaking about what had driven the market to its current heights. We already spoke to what drove it down.
 
cawacko said:
Sorry Mr. Buffett but he was speaking about what had driven the market to its current heights. We already spoke to what drove it down.
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LOL, so you are saying that Buffet said that housing is responsible for all the new DOW highs under Trump?

Or are you just a clueless kid
 
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