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Thread: Dow tumbles 500 points on Friday to end September down nearly 9%

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    Default Dow tumbles 500 points on Friday to end September down nearly 9%

    'Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the S&P 500 to a new 2022 low.
    The Dow Jones Industrial Average closed below 29,000 for the first time since November 2020. The index fell 500.10 points, or 1.71%, to 28,725.51. The Nasdaq Composite was 1.51% lower, ending the day at 10,575.62.
    Meanwhile, the S&P 500 was down 1.51% on Friday, falling to 3,585.62. The index closed out its worst month since March 2020.
    Friday marked the last day of the month and the third quarter. For September, the Dow tumbled 8.8%, while the S&P 500 fell 9.3%. The Nasdaq lost 10.5%.'




    https://www.cnbc.com/2022/09/29/stoc...-sell-off.html


    With the mid-terms in less than 40 days?
    You Bidenbots that keep covering your ears and closing your eyes and claiming - 'the stock market doesn't matter'?
    And 'Inflation is transitory'.
    And whatever other denial fodder you can get from the White House?

    Your hero - the ever-more-senile-one - better turn things around...FAST!!!
    Because as much as he seems to be trying to deflect attention on to Ukraine to make people forget what a mess things are at home?

    U.S. Elections come down to one thing above all else:

    'It's the economy, stupid.'

    https://en.wikipedia.org/wiki/It%27s...conomy,_stupid


    Once again, I DESPISE, both parties.
    Last edited by McRocket; 09-30-2022 at 03:54 PM.

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    Quote Originally Posted by McRocket View Post
    Dow tumbles 500 points on Friday to end September down nearly 9%

    'Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the S&P 500 to a new 2022 low.

    The Dow Jones Industrial Average closed below 29,000 for the first time since November 2020. The index fell 500.10 points, or 1.71%, to 28,725.51. The Nasdaq Composite was 1.51% lower, ending the day at 10,575.62.

    Meanwhile, the S&P 500 was down 1.51% on Friday, falling to 3,585.62. The index closed out its worst month since March 2020.

    Friday marked the last day of the month and the third quarter. For September, the Dow tumbled 8.8%, while the S&P 500 fell 9.3%. The Nasdaq lost 10.5%.'




    https://www.cnbc.com/2022/09/29/stoc...-sell-off.html


    With the mid-terms in less than 40 days?
    You Bidenbots that keep covering your ears and closing your eyes and claiming - 'the stock market doesn't matter'?
    And 'Inflation is transitory'.
    And whatever other denial fodder you can get from the White House?

    Your hero - the ever-more-senile-one - better turn things around...FAST!!!
    Because as much as he seems to be trying to deflect attention on to Ukraine to make people forget what a mess things are at home?


    Elections come down to one thing above all else:

    'It's the economy, stupid.'

    https://en.wikipedia.org/wiki/It%27s...conomy,_stupid


    I think both parties are disgustingly useless.

    But it is awfully clear that it could be a blood bath for the Dems come November 8, if things don't turn around...FAST (barring, something unforeseen)!!!
    What should be done to improve performance of the stock market?

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    Fed’s preferred gauge shows inflation accelerated even more than expected in August
    https://www.cnbc.com/2022/09/30/pce-...in-august.html
    This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.

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    You didn't really think taking steps to address inflation weren't going to have consequences did you?

    It has been a bear market since 2010, the money faucet was turned off to pull money out of circulation to combat inflation and consequently investment is down, not rocket science

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    Quote Originally Posted by McRocket View Post
    'Stocks fell in choppy trading Friday as Wall Street closed out a terrible week, month and quarter that brought the S&P 500 to a new 2022 low.
    The Dow Jones Industrial Average closed below 29,000 for the first time since November 2020. The index fell 500.10 points, or 1.71%, to 28,725.51. The Nasdaq Composite was 1.51% lower, ending the day at 10,575.62.
    Meanwhile, the S&P 500 was down 1.51% on Friday, falling to 3,585.62. The index closed out its worst month since March 2020.
    Friday marked the last day of the month and the third quarter. For September, the Dow tumbled 8.8%, while the S&P 500 fell 9.3%. The Nasdaq lost 10.5%.'




    https://www.cnbc.com/2022/09/29/stoc...-sell-off.html


    With the mid-terms in less than 40 days?
    You Bidenbots that keep covering your ears and closing your eyes and claiming - 'the stock market doesn't matter'?
    And 'Inflation is transitory'.
    And whatever other denial fodder you can get from the White House?

    Your hero - the ever-more-senile-one - better turn things around...FAST!!!
    Because as much as he seems to be trying to deflect attention on to Ukraine to make people forget what a mess things are at home?

    Elections come down to one thing above all else:

    'It's the economy, stupid.'

    https://en.wikipedia.org/wiki/It%27s...conomy,_stupid


    Once again, I DESPISE, both parties.
    It was up 500 points on Thursday, no one mentioned that…

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    evince (09-30-2022)

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    Republicans never want to sweat enough to get the lawn mowed


    Not everything is painless



    We were doing the adult thing folks


    Like the mask wearing you pretended was so onerous

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    Quote Originally Posted by archives View Post
    You didn't really think taking steps to address inflation weren't going to have consequences did you?

    It has been a bear market since 2010, the money faucet was turned off to pull money out of circulation to combat inflation and consequently investment is down, not rocket science
    The market took off like a bat out of hell the day Pres. Trump won his 2016 election.
    "I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
    — Joe Biden on Obama.

    Socialism is just the modern word for monarchy.

    D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.

    Private citizens are perfectly able of doing a better job without "apprenticing".

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    Quote Originally Posted by Phantasmal View Post
    It was up 500 points on Thursday, no one mentioned that…
    Wed it was up, but it is down 2.25% for the week, over 9% for the month, and over 20% for 2022.

    The S&P is even worse.
    This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.

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    Bigdog (09-30-2022), McRocket (09-30-2022)

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    Quote Originally Posted by evince View Post
    Link
    "I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
    — Joe Biden on Obama.

    Socialism is just the modern word for monarchy.

    D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.

    Private citizens are perfectly able of doing a better job without "apprenticing".

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    This is very likely a global depression that is coming, and it will last for years, as America is already descending into chaos.

    Buckle Up.
    This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.

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    Republicans: ‘The Fed is artificially propping up thei stock market, how dare they’

    ROTFLMFAO!!!!! The hypocrisy is off the charts. Once again the market simply reacts to economic news. It has zero impact on the economy. The fed interest rate hikes are beginning to have a major impact on home prices. But let’s see…. What happens every time the fed raises rates? Stocks down bonds up. Given the inverse bond curve it’s obvious investors believe in short term pain but a healthy long term outlook! Leave it to a know nothing like the OP to politicize the rate cuts and squeal like chicken little.

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    Quote Originally Posted by BidenPresident View Post
    What should be done to improve performance of the stock market?
    Release our energy you moron. That is what started this downfall.
    Better yet, vote Republican in the midterms.

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    Bigdog (09-30-2022)

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    Quote Originally Posted by evince View Post
    Good point!
    down 500 + the day before and down overall for the week/month/year.
    "Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
    The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.

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