Worst day of year: Dow down 900 points.

Guno צְבִי

We fight, We win, Am Yisrael Chai
The Dow and S&P 500 each posted their worst day of the year. The tech-heavy Nasdaq Composite post its biggest single-day decline since September 2022.

The rout on Wall Street started early, with all three major indexes opening sharply in the red. US stocks slid throughout the day and, despite a brief afternoon rally, closed in the red.

 
And cracks are forming elsewhere: Layoffs are mounting, hiring is slowing, consumer confidence is eroding and inflation is picking up.
More and more MAGAts are saying “I voted for Donald Trump. But this is not what I was expecting”

Dow plunges 890 points after Trump declines to rule out recession​

The stock market kicked off the week with steep losses Monday after President Trump declined Sunday to rule out the U.S. economy slowing into recession.

The Dow Jones Industrial Average closed with a loss of 890 points Monday, falling 2.1 percent. The Nasdaq composite closed with a loss of 4 percent, and the S&P 500 index closed down 2.7.


Stocks have fallen steadily since the start of March in response to a string of underwhelming economic data and whipsaw tariff announcements from the Trump administration. But the selloff intensified Monday after Trump demurred on his outlook for the U.S. economy in a Sunday interview.

“I hate to predict things like that,” Trump told Fox Business host Maria Bartiromo on “Sunday Morning Futures” when asked if he expected a recession this year.

“There is a period of transition, because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing. And there are always periods of — it takes a little time. It takes a little time. But I think it should be great for us. I mean, I think it should be great.”

All three major indexes are now below their levels on Nov. 5, 2024, — the day of Trump’s reelection, which set off a major stock market rally — though briefly recovered from steeper losses before the opening bell. The Nasdaq was down as much a 4.5 percent on the day before climbing slightly higher.
 
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The Dow and S&P 500 each posted their worst day of the year. The tech-heavy Nasdaq Composite post its biggest single-day decline since September 2022.

The rout on Wall Street started early, with all three major indexes opening sharply in the red. US stocks slid throughout the day and, despite a brief afternoon rally, closed in the red.



I'm practically barfing, I'm so giddy with all this winning. </sarcasm>
 
Relax...you Democrats have far greater worries...the stock market will bounce back..your party may never recover...;)
What do you base that claim on? Trump's actions were predicted to crash the market and cripple the American economy. That is exactly what is happening. We have nothing to recover from. Trump's stupid ideas will have to be dealt with fleeing from his ridiculous ideas and policies. You will blame the Dems for this mess.
 
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