Dow Posts Worst One-Day Point Drop In History

 
The Dow (INDU) dropped 1,191 points, or 4.4% in its worst one-day point drop in history. The index has fallen more than 10% below its most-recent peak, putting it in correction.
The S&P 500 (SPX) closed down 4.4% and finished the day below the 3,000 point mark. The index is also in correction territory.
The Nasdaq Composite (COMP) ended down 4.6%, more than 10% below its latest peak.
 
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MAGA! MAGA! MAGA! MAGA!

CORONAVIRUS! CORONAVIRUS! CORONAVIRUS! CORONAVIRUS!

Great Presidents have demonstrated their competence and leadership in times of crisis.  Trump pretends the crisis doesn't exist, points fingers and gags medical professionals in times of crisis. The market has reacted to Trump's incompetence and lack of leadership. 

Edited on Feb 27, 2020 6:14pm

Wait for it...  this tweet  is coming!

 

"The DOW would be at record highs if it weren't for all these losers getting sick.   Sad.  Their ratings suck...and their body is a 4."

Edited on Feb 27, 2020 6:07pm

Originally posted by: Don

CORONAVIRUS! CORONAVIRUS! CORONAVIRUS! CORONAVIRUS!


Nope, sorry, Don. The stock market went UP, it was all because of the stable genius's bigly wonderful economic policies and ALL DEM JOBZ he created all by his widdle lonesome. The Obama economy was really all his, too.

 

You grab all the credit, you have to take all the blame. This is a Trump stock market crash. Period.

If there wasn't a virus, would the market have gone down this week. 

I knew it was the biggest point drop,which isn't good. But the fact that it is the biggest percentage drop is obviously the most concerning.

Originally posted by: tom

If there wasn't a virus, would the market have gone down this week. 


So, General Bone-Spur is not responsible for the consequence of this virus, but Obama is responsible for the economic consequences of taking office in the middle of the worst recession since the Great Depression?  

Originally posted by: ksouth165

I knew it was the biggest point drop,which isn't good. But the fact that it is the biggest percentage drop is obviously the most concerning.


No it's not. 10/27/07 dropped 7.2%. 9/17/01 dropped 7.1%. 10/15/08 dropped 7.9%

10/19/87 is the all time leader with a drop of 22.6%. One week late it dropped 8.0%

I knew that Liberals would blame Trump for a virus originating in China.

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