Posted on 07/17/2014 3:50:45 PM PDT by NormsRevenge
NEW YORK (Reuters) - U.S. stocks sank on Thursday, with the S&P 500 posting its biggest one-day percentage drop since April 10 on news that a Malaysian Airlines passenger jet crashed near the Ukraine-Russia border.
Investors sold stocks in a move to avoid risk and poured money into safe-haven investments like gold and U.S. government bonds as the crash stoked concerns that the conflict in Ukraine might widen after U.S. sanctions against Russia were announced late Wednesday.
The United States said the Malaysian Airlines Boeing 777 was "blown out of the sky," probably by a ground-launched missile. The jet had 295 people aboard. The crash followed an increase in tensions between Ukraine and Russia that has resulted in clashes along the bor
(Excerpt) Read more at finance.yahoo.com ...
Tabloid version: “CRASH LEADS TO CRASH”
The Dow Jones industrial average fell 161.39 points or 0.94 percent, to end at 16,976.81. The S&P 500 lost 23.45 points or 1.18 percent, to 1,958.12. The Nasdaq Composite dropped 62.52 points or 1.41 percent, to 4,363.45.
The CBOE Volatility Index, Wall Street’s fear gauge, surged 32.2 percent to 14.54, its highest level since April 15.
—
Time for a nice lonnng vacay!!
How many Benghazi MANPADS might now lurk at the end of Boston Logan?
Reagan’s Khadaffi payback did also strike Benghazi long ago, and because he never forgot, one of the world’s largest inventory of MANPADS was in Libya:
There were 22,000 of them there, total.
Now this shoot-down didn’t use any of THOSE missiles, but WHAT EXACTLY might be in store FOR US…?
It will be really amazing if no US presstitutes bring up this question.
And oil. Oil’s going up.
A tanking economy and Wall Street sets records.
An airplane is shot dow, Wall Street tanks.
I’ll never understand the stock market.
A tanking economy and Wall Street sets records.
An airplane is shot down, Wall Street tanks.
I’ll never understand the stock market.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.