Dow is down

Published:

  -657.86

Entry #5,309

Comments

Avatar jarasan -
#1
Perception that cackles has a shot. Idiots.
Avatar lakerben -
#2
Only a idiot would vote for trump.  Who let the dogs out!!!  The dow goes up and down all the time. It's still at a record number. Wake up!
Avatar CDanaT -
#3
Dow goes up and down consistently in an election year. It always changes pretty regularly depending on the candidates' positions towards private sector jobs within the country and what crisis is going on in the middle east. If you want 4 more years of consistent inflation, higher lending rates, open borders, another 10-20 million criminal illegals aliens then by all means vote for Kamals. She IS the perfect candidate for that. It's what she is supporting right now....today.... If you don't want that, then choose someone else.
Avatar Stack47 -
#4
Hours after the August Consumer Price Index report was released, which showed the annual pace of price increases cooled to 2.5%, the lowest level since February 2021, the Dow plunged by as much as 700 points, or 1.7%, before regaining by midday Wednesday. The S&P 500 was down by 1.1% and the Nasdaq Composite moved 0.75% lower.

On a monthly basis, prices rose 0.2%, unchanged from July.
But what appeared to garner a lot more attention was the 0.3% monthly rise of the core CPI gauge, which excludes food and energy. That exceeded economists expectations for a 0.2% rise. Fed officials pay close attention to core inflation readings because they can offer more clarity on where prices are headed longer term.

The higher-than-expected rise in core inflation will likely cause central bank officials to proceed more carefully when deciding whether to cut interest rates and by how much.

On Tuesday, traders were pricing in a 34% chance the Fed would cut rates by a half point. But after the CPI data was released Wednesday morning, traders priced in a 15% chance that would happen. Now they’re pricing in an 85% chance of a quarter-point cut this month as well as a higher likelihood of a quarter-point cut versus a half point at November’s meeting.

Wednesday’s market moves are a stark contrast to Monday’s, when the Dow, S&P 500 and Nasdaq all closed 1.2% higher. Large market swings like these are far from unusual for the month of September, which has historically been a volatile month for stocks.

Billions are traded in the stock markets every day and prices change for many reasons. But hey, if the MAGA people want to blame the fall on their messiah's terrible debate performance, go for it.
Avatar lakerben -
#5
Harris destroyed trump. She brought up how she and Biden had to fix trumps mess. No I dont want 4 more years of a criminal running the country.    He was a terrible president and unfit for office.  She brought up how trump shot down the border bill so he could use it as leverage. A despicable man to say the least.
Avatar Stack47 -
#6
As of 1:25 PM, the DOW is down 0.44% and down around 180 and the NASDAQ is up 130.

Seriously, the childish poorly educated MAGA Kool-Aid shouldn't pretend they are expert economists. Stick to what you know best and say people are stealing and eating dogs and cats.
Avatar sully16 -
#7
Welp Stack you must really hate who you are, why else would you be so ugly all the time?
Avatar CDanaT -
#8
Sully...lololol.
Avatar lakerben -
#9
Who let the  dogs  out!
Avatar Stack47 -
#10
Nope, Sully I hate the fact a con artist convinced millions of gullible people that he could lead the free world especially after his failure with the covid pandemic.

Just the fact he repeated the bogus "dog and cat" story convinced people Trump is incapable. You'll still vote for him and whine about the election being rigged, won't ya?
Avatar Stack47 -
#11
The DOW finished up 124.75, but hey it's a better discussion than some old weirdo claiming doctors are killing babies minutes after they are born.
Avatar sully16 -
#12
They might be in Minnesota.
Avatar lakerben -
#13
I brought my dog in the house!
Avatar sully16 -
#14
Ya know would rather be an old weirdo than an abomination in the eyes of God.
Avatar sully16 -
#15
Well mr Stack the facts, looks like Ohio residents are are speaking up, these people are killing animals. ducks, geese, dogs cats, whatever they can get their hands on, add to the rapes, murders, theft, and really really bad driving, komades killmilla and Joe, not only plopped these people there to change the racial makeup, they had these people go get drivers licenses and voter cards, well well, changing the political landscape as well.
Many of these people never drove a car EVER,. Now they are crashing into things, flipping their vehicles, causing accidents, but who cares, they didn't buy the cars, the taxpayers did.
Cheating, that's what this is, plain and simple, cheating for votes, but who cares if someone gets hurt or killed, because the ends justify the means.
Free home, car, food , medicine all you got to do is vote for Democrats.
They piles of Sh*t know Americans are fed up with them.
Now shove your facts up your azz you fake weirdo.
Avatar lakerben -
#16
Who let the dogs out! No they are not killing dogs.  That has already been verified but it sure made trump look like a fool.  And are the Haitians creating fake electors like the trump followers?  Talk about cheating. Busted!!!
Avatar sully16 -
#17
Yes Ben, they even had a townhall to complain about these people, the word is getting out , remember when they said Hunters laptop was fake, oh and now we know it's real.
Stop listening to the media's lies.
Avatar Stack47 -
#18
Regardless of what Trump's childish poorly educated cult followers say about cat and dog hoaxes that Trump believes, the topic here is "DOW is down".

Don't let the fact the DOW is up 1436.58 since this blog entry started.

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