Is Trump's NK rhetoric responsible for Wall Street dip?

[Cancel 2018.2]

The S&P 500 index ended Thursday with its biggest one-day drop since May 17 as investors fled riskier assets in response to an exchange of threats between the United States and North Korea.

The Dow Jones Industrial Average <.DJI> fell 204.69 points, or 0.93 percent, to 21,844.01, the S&P 500 <.SPX> lost 35.8 points, or 1.45 percent, to 2,438.22 and the Nasdaq Composite <.IXIC> dropped 135.46 points, or 2.13 percent, to 6,216.87.

http://www.foxbusiness.com/markets/...ercent-in-biggest-one-day-drop-since-may.html

 

[cancel2 2022]

The S&P 500 index ended Thursday with its biggest one-day drop since May 17 as investors fled riskier assets in response to an exchange of threats between the United States and North Korea.

The Dow Jones Industrial Average <.DJI> fell 204.69 points, or 0.93 percent, to 21,844.01, the S&P 500 <.SPX> lost 35.8 points, or 1.45 percent, to 2,438.22 and the Nasdaq Composite <.IXIC> dropped 135.46 points, or 2.13 percent, to 6,216.87.

http://www.foxbusiness.com/markets/...ercent-in-biggest-one-day-drop-since-may.html

Probably, so what? It's a buying opportunity. I bought some more Apple stock today!

 

[TheDonald]

The S&P 500 index ended Thursday with its biggest one-day drop since May 17 as investors fled riskier assets in response to an exchange of threats between the United States and North Korea.

The Dow Jones Industrial Average <.DJI> fell 204.69 points, or 0.93 percent, to 21,844.01, the S&P 500 <.SPX> lost 35.8 points, or 1.45 percent, to 2,438.22 and the Nasdaq Composite <.IXIC> dropped 135.46 points, or 2.13 percent, to 6,216.87.

http://www.foxbusiness.com/markets/...ercent-in-biggest-one-day-drop-since-may.html

No, the stock market is looking for a reason to dip itself, this is the best thing that can happen for the long term. That said the possibility that South Korean factories might get pummeled is not a good thing

 

[Jarod]

It's the cumulative affect of the last 6 months of Rumpism!