Dow Plunges by Nearly 1,600 Before Bouncing Back

JD Mon, 02/05/2018 - 15:37

Stocks raced sharply downward on Monday, with the Dow Jones Industrial Average falling by nearly 1,600, around 6 percent, before recovering to end with a decline of 1,179 points.

All the major indexes were down significantly. The S&P 500 fell by around 4 percent, the Nasdaq Composite fell by around 3.8 percent, and the broad Russell 2000 fell by around 2.9 percent.

Monday’s sell-off was not only deep but widespread, with all 11 sectors in the S&P 500 index posting declines. Financials, health-care, and energy sectors saw the steepest declines.

http://www.breitbart.com/economics/2018/02/05/dow-plunges-1100-points/

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"The only no-compromise gun lobby in Washington"– Ron Paul https://gunowners.org/
 

 

pawnstorm12's picture

...head of the CHIEF COUNTERFEITING ORGANIZATION on earth, the Federal Reserve.

Reserve MY ASS.

The only thing THEY have in reserve are big, huge printing presses chruning out UN-BACKED paper crap.

And then the shysters tell us that inflation is low.

Another LIE since they took food and energy OUT of the main index they use to measure inflation.

Like consumers can do without food or energy. Like it's a CHOICE to buy such things.

Ironically the VERY items we need to actually LIVE on this earth DON'T COUNT towards inflation according to the economists at the FED and in government.

What a hoax it all is - designed to HIDE from us the damaging affects of printing unlimited money with absolutely nothing backing it or representing it.
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"We have allowed our nation to be over-taxed and over-regulated and overrun by bureaucrats - the founders would be ashamed." -Ron Paul

JD's picture

End the Fed.

JD is a moderator, Gardener is site administrator
"The only no-compromise gun lobby in Washington"– Ron Paul https://gunowners.org/
 

 

pawnstorm12's picture

...and nothing has changed with the money-changers except that they grew to control the world.
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"We have allowed our nation to be over-taxed and over-regulated and overrun by bureaucrats - the founders would be ashamed." -Ron Paul

jdayh's picture

in his day (different version-money changers-, but same scam) SO , keep that in mind when you want to snap the fingers to have someone end it overnight, they would be dead by morning. (hence planning and strategy must be done...hopefully in secret)

"I predict a Donald Trump landslide"
Jdayh