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Wednesday, August 10, 2011

BREAKING NEWS: Stocks Plummet Late, Dow Loses More Than 500 Points

The Dow Jones Industrial Average is flirting with its lowest level of the day Wednesday as the jarring volatility seen in recent sessions continues. With a few minutes to go before the closing bell, the Dow is off 458 points, at 10789, erasing all of Tuesday’s gains, and more.

A host of concerns sent stocks plunging Wednesday, erasing the hefty gains of Tuesday and introducing even more uncertainty and volatility into the equities market. Those concerns include the health of European banks, uneasiness about the Fed’s intent to keep rates unchanged for two more years, and the ongoing technical deterioration of the major market indices. The Dow lost 520 points (it’s ninth-worst point loss on record), the Nasdaq fell by 101 and the S&P 500 shed 52.

From Fox News

4 comments:

Anonymous said...

This pleases Obamie,he has worked very hard to destroy our economy.
"Mission Accomplished"

Anonymous said...

Barry works for others who write his script for the teleprompter. They make the real decisions and control the stock market from the darkness of secrecy.

Barry is a puppet, and not a very good one. Same with McCain, Palin, and Bachmann. Same with Kerry and Frank, Pelosi and little Timmy Geithner. They all work for elite rich families who own the world banks and most of the stock in the major global corporations. They totally control the government. They own the media. By owning the 6 media companies they control the information regular Americans receive every day.

The elite want certain things to happen. They are happening right before our eyes. The media is busy doing its job also - to explain to us how we should behave from here on out (according to the elites). We are learning what we are learning which is what we are meant to learn.

Mind control at its most extreme in the history of the world. We are more slaves to our govenment now than any people throughout the history of the world. Soon we will reap the whirlwind of our ignorance.

Anonymous said...

Hey dummies. Here's how it works. See smart people bought alot of stock when it was cheap (Dow 7000's-9000's), held on to it and bought more as the market recovered, then when the market hit a relative high they told you doofus (yes you), that stocks were a great buy while they sold their shares in mass and pocketed the money. Don't worry. It will cycle again. Lets just hope you've dummied up enough to get in on the right side this time.

Anonymous said...

9:08 The lack of leadership from your idiot has caused the market to become unstable after all the idiot hasn't signed a budget since he's been president.