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Dow rallies 1,000 points, logging its biggest single-day point gain ever
CNBC ^ | 26 Dec. 2018 | Fred Imbert & Eustance Huang

Posted on 12/26/2018 12:19:40 PM PST by Candor7

Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain the steep losses suffered in the previous session.

The Dow Jones Industrial Average traded 657 points higher as of 3:05 p.m. ET, while the S&P 500 gained 3.05 percent. The Nasdaq Composite outperformed, rising 3.96 percent. Both the S&P 500 and Nasdaq were on track for their biggest one-day gains since Aug. 26, 2015 and erased Monday's losses. The Dow also recovered all of its losses from Monday.

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


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: 4dchess; boycotts; bulls; china; credit; creditcards; debt; dow; economy; happydays; happydaysarehereagan; incometaxes; inflation; market; plungeprotectionteam; ptt; recovery; sanctions; stockmarket; tariffs; taxcutsandjobsact; taxreform; tcja; thefed; trade; tradewar; trumpwinsagain; volatility
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To: Tolerance Sucks Rocks

$1084.89!!!!


41 posted on 12/26/2018 1:01:02 PM PST by CaptainK ('No collusion, no obstruction, he's a leaker')
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To: abb; SamAdams76
In all honesty, you might want to think long and hard about an annuity.

Think very long and very hard :)

42 posted on 12/26/2018 1:02:31 PM PST by onona (It is often wise to allow a person a graceful path.)
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To: abb

I will look into this option. Thanks!


43 posted on 12/26/2018 1:03:14 PM PST by SamAdams76
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To: Candor7

44 posted on 12/26/2018 1:03:47 PM PST by Eddie01
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To: Tolerance Sucks Rocks

..... Up almost 5% today +1,086.25 (4.98%)


45 posted on 12/26/2018 1:04:12 PM PST by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: Eddie01

46 posted on 12/26/2018 1:04:16 PM PST by a little elbow grease (Duct tape and cable ties have more worth than pussy hats and resistance.)
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To: plain talk

no one really knows and can predict what the market will do.
.......................................................

I wish I could, I wish I could, I wish I could.


47 posted on 12/26/2018 1:04:22 PM PST by Graybeard58 (The Lord hath made all things for himself: yea, even the wicked for the day of evil.)
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To: Candor7

Dow Jones Closes 1,000 points to the upside, ~5%

S&P 500
2,467.76
+116.66(+4.96%)

Dow 30
22,878.45
+1,086.25(+4.98%)

Nasdaq
6,554.35
+361.44(+5.84%)

Here’s to a week of the same in the New Year!!


48 posted on 12/26/2018 1:04:22 PM PST by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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To: Red Badger

A great movie


49 posted on 12/26/2018 1:04:52 PM PST by Okeydoker
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To: CaptainK

LIBs/DIMs/rinos and other assorted uncivil debris are saddened. MAGA, you worthless bast***s!


50 posted on 12/26/2018 1:05:00 PM PST by hal ogen (First Amendment or Reeducation Camp?)
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To: Candor7

Has there ever been a one day 1100 point gain?


51 posted on 12/26/2018 1:05:12 PM PST by moovova
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To: moovova

No because there had never been a one day 1000 point gain.


52 posted on 12/26/2018 1:10:43 PM PST by Nero Germanicus
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To: moovova

.... Not sure but this could be in the “Record” Territory.


53 posted on 12/26/2018 1:10:59 PM PST by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: moovova

No. This was the largest point gain for the DJIA in history.

http://www.wsj.com/mdc/public/page/2_3024-djia_alltime.html


54 posted on 12/26/2018 1:11:04 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: CaptainK

BINGO! Maybe my deferred comp will break even this quarter!


55 posted on 12/26/2018 1:12:25 PM PST by Shady (We WON the Battle, Now let's WIN THE WAR!!!!)
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To: moovova

this one’s more up to date

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average


56 posted on 12/26/2018 1:12:36 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: SamAdams76

RE: “ I will still be better off than...”

Congratulations -
Truly, you are pragmatically worldly smart.
You sit pretty in today’s stratospheric stock market levels that correlate to the 1929 run up, which serve “investor / gambler” self interests well, in the historical short term.
However, for your grandchildren and our nation’s future, not so much...

The reason why the stock markets and Real Estate has soared to unsustainably high levels correlates to shift to a debt based economy / US dollar fiat currency, ie: 1988 US debt was $1 Trillion, 30 years later it’s $22 Trillion, 8 years of unheard of QE1-2-3 money printing, ZIRP & NIRP, and a US (Petro) dollar that is blessed to be the world’s reserve currency up til now.

From long term perspective, mathmatic and demographic reality assures we are economically screwed and will pay dearly for our debt based fiat currency and non-saving society.

Just because you can, doesn’t mean you should...


57 posted on 12/26/2018 1:13:34 PM PST by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: moovova
Has there ever been a one day 1100 point gain?

No. Today's gain was the highest ever. Wiki page here.

58 posted on 12/26/2018 1:14:18 PM PST by numberonepal (WWG1WGA)
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To: Candor7; Admin Moderator

Maybe you could get the title changed to:

“Dow soars 1,086.25 points, erases losses”


59 posted on 12/26/2018 1:15:01 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Sacajaweau

60 posted on 12/26/2018 1:16:19 PM PST by conservative98
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