Dow sinks below 23,000; Nasdaq flirts with a bear market; Oil in free fall

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The Dow dropped 464 points, closing below 23,000 for the first time since October 2017. The Nasdaq lost 1.6% and only narrowly avoided closing in its first bear market since the Great Recession.

 

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TrumpShutdown

Correlates with dems winning the house

Well, we knew it was going to happen. Economy has been growing, but showing signs of slowdown. I fear this is an indication what is up for next year.

Funny how CNN only talks about the Dow when it goes down.

Just wait...

realDonaldTrump POTUS WhiteHouse PressSec Why aren’t you tweeting about this interesting development

Trump is killing America. It’s right in front of your faces, but you refuse to see! 😡

LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL (I’m crying and screaming inside) LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL LOL

trumpsFailingEconomy RepublicanGotWhatTheyVotedFor LockHimUp MuellerTime

Obama’s fault

Dow has been going backwards ever since democrats took house. Look at your 401 before the election and compare it to today. Bad thing voting democrat. Stock market don’t like it

Ever since the dem

Just a bit longer. Any data driven, intelligent economic forecaster who understands how a stable economy (i.e. Obama era) is maintained has been predicting this for over a year. Trump has brought nothing but chaos with his incompetent policies, tax laws, tariffs, etc.

Tax breaks for wealthy + deficit increase + interest rate hikes = next recession.... gracías por nada

Soooooooo much winning....anyone tired yet?

Thanks to the Fed raising interest rates again. EndTheFed

thanx federal reserve......schmucks.....

Can’t wait for fed to go into panic mode and do more low interest rates and QE. Reinflate the bubble and we all have a nice beer at the end of the day

So trumps economy is going the same way as trump casino,trump airline, trump steaks, trump wine and all his other numerous business disasters go bankrupt 😱

objkshn Crude will bottom out to avg. $35.00 a barrel. Markets will continue down abit more...recession will be a long one until 2022!

Trump broke the USA piggy bank

Yup, started as soon as it sounded like democrats would get the House, your bosses at work destroying America, again

The market is making a correction Chicken Little Chicken Little!!!!! Help!! Help!!!

Trump Did It!! Wow what a great guy even though insane. Yes, this belongs to trump just like government shutdowns are his. One term cowboy!

Maybe that has something to do with the fact that the Fed is raising interest rates again. It's like they are intentionally trying to sabotage all the economic progress that has been made under Trump. The Fed Reserve (which is as federal as FedEx) is a haven for globalists.

DogzHerdin winning maga

Thanks Obama.

What’s wrong with Obama’s economy?

川二牛逼吹破了吧?😄

Thank you president trump

The fed sure does seem like someone is behind them pulling strings trying to make sure the market tanks so Trump looks bad. Every expert is saying the fed is way over reaching and are puzzled.

🤕

Well, I wonder what happened during the November elections? If you think that drop is bad just wait. The markets and world know what happens with Democrat control of the government.

If the fed was not trying so hard to make it look like Trump can’t influence them and actually used common sense the market would be fine. Not total Bull but not this.

Hey realDonaldTrump , don't hear you crowing about how great the stock market is doing because of you. ... Wonder why. .. PromisesMadePromisesNotKept

Trumps economy!!!!

Americans this is your Xmas gift from Trump if you have a 401K or investments. Enjoy your Xmas before the statements come in the mail at month end.Many of you can see your online statement With extremely disappointing results.Trump’s Voodoo economics strikes again. 2020 your vote

I predicted this would happen and here we are. Let’s hope it doesn’t drop like it did because of another republican president, Bush. Democrats are ALWAYS BAILING OUT OUR COUNTRY from republican presidents back to Reagan. This man is destroying r country 🇺🇸

This is not trump. This is the fed. For god sakes know Econ or at least watch a real news channel on CNBC and see what unbiased Wall Street experts are saying. The fed is over reaching big time esp with forecast of rate hikes.

The media is the main reason because they bring uncertainty into the hemisphere. They just hate Trump and talk bullshit. They can’t report on anything positive. These people are total in-American scum.

Meet Trump's economy. Mr. BK is here.

I think it's time to have a serious talk about abolishing the Federal Reserve

Repubs, McConnell, enabled & apologized for Trump for 2 yrs; Now they put the country at risk with a Defense Sec resigning in protest; It’s very possible there’ll be more resignations from our military over the behavior of this insane man realDonaldTrump..

Thanks Fed.

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Nasdaq hits bear market on intraday basis in midday trade Thursday
La source: MarketWatch - 🏆 3. / 97 Lire la suite »