Wild comeback: Dow recovers from 785-point plunge

L

Lightbringer

Loves Me Some Souls
News of the arrest of Huawei CFO Meng Wanzhou in Canada sent the Dow plummeting as much as 785 points on Thursday before the index staged a huge comeback. The Dow closed the day down just 79 points.
The Nasdaq eked out a small gain, recovering from trade war fears that had knocked the index down as much as 2.4%. The S&P 500 similarly rebounded, ending the day down just 0.2%.
The back-and-forth action shows how uncertain investors have become about the status of the US-China trade war. The market was also boosted by a report in The Wall Street Journal indicating the Federal Reserve is considering slowing down the pace of rate hikes next year.
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https://www.cnn.com/2018/12/06/investing/stock-market-today-dow-jones-huawei/index.html

Ruh Roh...Trump's fault?
 
At the moment it is down 381

The point isn't about the Market, but rather Trump's boasting last year when the DOW was climbing that it was his doing, he was the reason why, which was seen here regularly. Now, the Market has changed, Trump has no comments on it, and the posters here have gone mum. Their just being reminded

Presidents know better than to identify with the fortunes of the DOW, well, except this one, he is famous for making it up as he goes along
 
Don't get me wrong, I'm not rooting for failure or a crash ... but I wish Trump would go on a 2 year vacation, and STFU. :laugh:
 
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