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Dow drops more than 1,500 points as stock slide deepens
New York Post ^

Posted on 02/05/2018 12:33:52 PM PST by nickcarraway

Markets were screaming red in Monday’s trading session, continuing a steep decline that started Feb. 1.

By 3:08 p.m. ET, the Dow Jones industrial average had fallen 1,032.95 points — or 4 percent — to 24,488.01. The S&P 500 fell 59.63 points, to 2,702.31, and the Nasdaq fell 230.51 points, to 7,010.41.

Moments later, the Dow fell as much as 1,500 points and had erased its gains for the year.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: crash; dow; stockmarketplunge; stocks
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1 posted on 02/05/2018 12:33:52 PM PST by nickcarraway
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To: nickcarraway

Where’s mah phone I’m SELLIN’!


2 posted on 02/05/2018 12:34:48 PM PST by ichabod1 (People don't want to believe it be what it is but it do.)
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To: nickcarraway

This would appear to be an automated sell off.


3 posted on 02/05/2018 12:35:12 PM PST by rjsimmon (The Tree of Liberty Thirsts)
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To: nickcarraway

Down around 800 last I saw.


4 posted on 02/05/2018 12:35:18 PM PST by Parley Baer
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To: nickcarraway

Blame the FED!


5 posted on 02/05/2018 12:35:20 PM PST by kaktuskid
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To: nickcarraway

Relax....

If you invested in stocks with solid financials you’ll be just fine.


6 posted on 02/05/2018 12:35:45 PM PST by G Larry (There is no great virtue in bargaining with the Devil)
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To: Parley Baer

It’s bouncing around a bit, around -800 to -850 now.


7 posted on 02/05/2018 12:35:51 PM PST by Ted Grant
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To: rjsimmon

Yes indeed...program trading.


8 posted on 02/05/2018 12:36:02 PM PST by nopardons
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To: nickcarraway

Hysteria.

This isn’t rational.

Folks, buck up.


9 posted on 02/05/2018 12:37:00 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs..)
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To: nickcarraway

Moments later, the Dow fell as much as 1,500 points and had erased its gains for the year.

...

So it’s back to where it was five weeks ago.


10 posted on 02/05/2018 12:37:27 PM PST by Moonman62 (Make America Great Again!)
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To: nickcarraway

i was castigated for urging liquidation after Friday. That market was manipulated for suckers to get shorted real bad. Now it is happening. I can see 5000 more before the bottom. Flee to safety with what is left.


11 posted on 02/05/2018 12:37:29 PM PST by raiderboy ( "...if we have to close down our government, weÂ’re building that wall" DJT)
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To: nickcarraway

I’m not worried.


12 posted on 02/05/2018 12:38:06 PM PST by cyclotic (Trump tweets are the only news source you can trust.)
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To: nickcarraway

This is actually scary.


13 posted on 02/05/2018 12:38:13 PM PST by Yaelle
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To: nickcarraway

Where’s the plunge protection team when you need them?


14 posted on 02/05/2018 12:38:21 PM PST by Lurkina.n.Learnin (Wisdom and education are different things. Don't confuse them.)
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To: ichabod1

ichabodi,

Please get all your friends to sell, too. (Especially, liberal friends, if you have any). I sat with some fair amount of cash on the sidelines during this Trump Market Climb. I can make amends if we have about a 20% correction.

Thanks for any assistance you might give. MAGA

Oldplayer


15 posted on 02/05/2018 12:38:23 PM PST by oldplayer
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To: nopardons

The deep state and soros are at work...


16 posted on 02/05/2018 12:38:29 PM PST by Professional
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To: DoughtyOne

Market correction.


17 posted on 02/05/2018 12:38:40 PM PST by EQAndyBuzz (Death of the MSM - "Because it is my show and I don't want to do that." Jake Tapper)
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To: Yaelle

It’s not even 10%. Relax.


18 posted on 02/05/2018 12:39:35 PM PST by VietVet876
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To: kaktuskid

Yep... Yelin doing this to sabatoge Trump.


19 posted on 02/05/2018 12:39:39 PM PST by Cementjungle
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To: nickcarraway

The long awaited and expected ‘correction’....................


20 posted on 02/05/2018 12:40:25 PM PST by Red Badger (Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
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