Stocks Skid 2%; Dow Dives 300, S&P Below 1400

CNBC ^ | 11/7/12 | JeeYeon Park

[ex91B10]

"Yeah, the market reacts for a day. Tomorrow it’s back up."

Then it will go up more as more companies find ways to get more government goodies. "Shareholder Value", ya' know.

[madison10]

We decided not to give for the same reasons and will be giving much closer to home.

[Steelers6]

My Advice, sell your stocks while they are still overvalued. Buy guns and gold. Take money out of the bank to pay off DEBT!!

[tartar1000]

Yes. Ohio and Pennsylvania broke my heart last night. I live in Michigan and expect idiocy, but i truly thought we would win Pa. and Ohio. Very bummed.

[tsowellfan]

Look at that roller coaster photo. She cares so much about her daughter that even with her eyes closed she holds her arm across to help hold her daughter in.

If they came here from outer space to study this they would wonder, why did they pay money to go on it.

[tsowellfan]

What are the chances that John Boehner could be replaced with Paul Ryan?

[JCBreckenridge]

Thanks for the heads up. Buying more USD, selling more CDN now that CDN is above par. Sure wish I had more CDN, I’ve been buying USD since Obama took power.

[John W]

U.S. stock index futures pointed to a higher open on Wall Street on Thursday, prompted by investors seen hunting for bargains after a steep sell-off in the previous session on concerns about a looming fiscal crisis.

* Futures for the S&P 500, the Dow Jones and the Nasdaq 100 were 0.2 to 0.3 percent higher, a day after U.S. stocks fell more than 2 percent.

* The Labor Department releases first-time claims for jobless benefits for the week ended November 3. Economists forecast a total of 370,000 new filings, compared with 363,000 in the prior week.