Here’s Why The Stock Market Got Crushed Today

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Why the stock market got crushed today

The stock market was off to a rough start on Tuesday, and although it rebounded slightly in the afternoon, rising uncertainty over trade talks with China—set to start Thursday—took a huge toll and prompted a further sell-off.

With fading optimism around U.S.-China trade negotiations, the S&P 500 dropped 1.56%, while the Dow Jones Industrial Average was down 1.19%.spiked 9.5% following Tuesday’s reports that both sides were ramping up trade tensions. Every different sector of the market was in the red, with all but two out of 11 sectors falling by more than 1%.Just days before trade talks were scheduled to resume, the Trump administration again escalated tensions on Monday, moving to

 

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Invisible hands

Talk about a bumpy ride. 😮

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Another theory on why stocks are under pressure lately: The 'Warren correction'Some Wall Street analysts are saying that Elizabeth Warren's recent surge in the polls is hurting stocks. Liz Warren is a parasite, she will destroy the US economy. Running on the platform of destroying our retirement accounts? Why do you guys do Trumpster's bidding? No Tarriffs killing farmers and manufacturing? No general instability and insanity in the White House? (the markets like stabiliyt, no?)
Fuente: CNBC - 🏆 12. / 72 Leer más »