Free Republic

29,169.31 SEP 26, 01:25 PM EDT ‎-421.10 (‎-1.42%)

Stocks tumbled on Tuesday as the sell-off on Wall Street mounted and investors braced for another large rate hike due out Wednesday from the Federal Reserve. The Dow Jones Industrial Average fell 450 points, or 1.45%. The S&P 500 shed 1.4% and the Nasdaq Composite slid 1.2%. The Federal Open Markets Committee began its two-day policy meeting on Tuesday, where central bankers are expected to announce a 0.75 percentage point rate hike on Wednesday. Stocks have tumbled in recent weeks as comments from Fed Chair Jerome Powell and an unexpectedly hot August consumer price index report caused traders to prepare...

Its been said that a picture says a thousand words. This one speaks volumes. You got to especially appreciate that it was shown on CNN and even more so that the news reporter says: "There is this unfortunate split screen right now with the Dow taking a total beating," CNN anchor says. "It feels like it's hard to be celebratory for some people..." I should frame this..or make postcards...or something. Dart board maybe?

U.S. stocks fell across the board as the post Fed rate hike rally faded and investors returned their attention to recession fears. New data on housing starts and permits showed a sharp pullback signaling a potentially steeper slowdown for homebuilders. In commodities, oil slipped to the $112 level.

Summary: Although the WSJ will never admit this, the stock markets rose or held their own through election day itself (Nov 3), Wednesday, and Thursday (Nov 5). But today? Friday Nov 6, as Biden-Harris voters continue to increase at Trump's expense? All markets are slipping.

Wall Street knows Trump is going to be re-elected.

U.S. stock-index futures swooned Thursday as investors worried about coronavirus cases rising again and digested Wednesday’s downbeat economic outlook from the Federal Reserve. The market moves came even as the number of Americans filing for jobless benefits for the first time continued to decline in the most recent week. What’s driving the market? The number of U.S. coronavirus infections passed the two million mark and over 112,000 Americans have died, according to Johns Hopkins University. Despite fewer cases being recorded in some cities and states, the seven-day average of new cases over the last two weeks is still rising in...

Nothing’s Gonna Stop Us Now. Another day, another rally for the stock market, this time buoyed by some actual good news. The stock market’s rally in recent weeks has felt awfully disconnected from the grim reality on the ground. And that only felt more true as protests erupted around the country following the killing of George Floyd by a Minneapolis policeman. Investors, however, are motivated by fear and greed, and right now both are helping—fear of missing out and greed as the market goes higher. That’s especially true after the bleakness was interrupted by some better economic news—the ADP payrolls...

The Dow Jones Industrial Average Thursday midday was trading firmly higher, reversing a sharp drop that served as a gut-check to bullish investors amid the COVID-19 pandemic. The Dow DJIA, 1.46% was up 308 points, or 1.3%, at 23,562, following a skid that saw it lose as many as 458 points at its intraday nadir at 22,789.62. Gains were being driven by an advance in American Express Co. AXP, +7.42% and UnitedHealth Group Inc. UNH, +4.47%, which were helping to lead the charge. The S&P 500 index SPX, 0.99% was up 0.8% at 2,843, powered by a gain in the...

FYI only....  Looks like the DJIA may tank again tomorrow. Let us hope it recovers before the opening bell.  Prayers are needed for our President, our Republic and the world to quickly recover. I am not so worried about the Coronvirus itself here in the USA, but the economic impact will easily be billions of lost revenue. https://www.cnbc.com/pre-markets/  

utures contracts tied to the major U.S. stock indexes fell on Wednesday night after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. The move comes after the Dow Jones Industrial Average ended its historic 11-year bull market run by closing in a bear market. Dow futures were down 900 points, indicating a loss of about 860 points at Thursday’s open. S&P 500 and Nasdaq 100 futures were also sharply lower.

U.S. stocks fell sharply once again on Thursday after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus.The S&P 500 dropped 7% shortly after the open, triggering a 15-minute “circuit breaker,” which temporarily halts trading at the New York Stock Exchange. The broad index also joined the  Dow Jones Industrial Average in bear market territory. The 30-stock Dow slid more than 1,600 points, or 7.%. The Nasdaq Composite dropped 7%.  Before the open, futures contracts tied to the major indexes fell to their so-called limit down thresholds, sliding 5%. These limit down levels act as a as...

I will be addressing the Nation this evening at 9:00 P.M. (Eastern) from the Oval Office. https://twitter.com/realDonaldTrump/status/1237841878889840642

Looks like another blood bath today.  The Coronavirus hysteria in the media is drving the market down. https://www.cnbc.com/pre-markets/   

Stocks cratered Monday as investors grappled with the sinking price of oil and the spread of the coronavirus.The Dow Jones Industrial Average tanked 2,043 points, or 7.9%, on pace for its worst day since December 2008. The S&P 500 plunged 7.5%. The massive sell-off triggered a key market circuit breaker minutes after the opening bell. Trading was halted for 15 minutes until reopening at 9:49 a.m. ET.  The sharp declines followed a roller-coaster week that saw the S&P 500 swing up or down more than 2.5% for four days straight. While Monday’s drop was significant, it still didn’t crack the 20 worst days for the S&P...

Stocks tumbled on Monday as investors braced for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety. The Dow Jones Industrial Average tanked more than 1,800 points at the open, while the S&P 500 dropped 7%. The massive sell-off triggered a key market circuit breaker in morning trading. Trading was halted for 15 minutes until 9:49 a.m. ET.

Stock futures tumbled in overnight trading Sunday as investors continued to brace for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety.Futures on the Dow Jones Industrial Average plunged more than 900 points. The S&P 500 futures also indicated a 4% drop at the open on Monday. The sharp declines in the futures market pointed to more turbulence ahead after a roller-coaster week that saw the S&P 500 swing up or down more than 2.5% for four days straight.Saudi Arabia on Saturday slashed official crude selling prices for April, in a sudden U-turn from previous attempts to support the...

I remember hearing after the Russian hoax failed the D.C. Establishment would try to wreck the Trump economy, and I think that is what we are witnessing.Yes Coronovirus is real and deadly in China.  Although the hysteria in the media is causing the mass sell off.https://www.cnbc.com/pre-markets/ 

Stocks fell sharply in volatile trading on Tuesday as an emergency rate cut by the Federal Reserve failed to assuage concerns of slower economic growth due to the coronavirus outbreak. The decision to cut rates by half a percentage point came two weeks before the Fed’s scheduled meeting as the central bank felt it was necessary to act quickly to combat the effect of the virus spreading worldwide. It’s the first such emergency action coming in between scheduled meetings since the financial crisis. The Dow Jones Industrial Average closed 785.91 points lower, or nearly 3%, to 25,917.41; it rose more...

Stocks continued their rout on Tuesday as diving bond yields raised more concern that the global economy is slowing significantly because of the spreading coronavirus. The 10-year Treasury yield hit a record low as the Dow Jones Industrial Average added to Monday’s 1,000-point drop. The Dow traded as much as 550 points lower, or 1.9%, hitting session lows as health officials gave new warnings about the possibility of a greater coronavirus spread in the U.S. The S&P 500 slid 1.3% while the Nasdaq Composite fell 1.1%. The Dow gained at the open Tuesday before the selling returned. At one point...