Dow dives 600 points to below 22,000, S&P 500 enters bear market - worst Christmas Eve ever

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Today was the worst Christmas Eve trading day ever. The S&P 500 has entered a bear market, and the Dow closed down more than 640 points.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SteveChapman13 Boxing Day was the best trading day ever. Up 1000

Raising interest rates is stealing money from consumers !!

Nothing is sacred for DJ Trump, even the markets!

Blame Trump

I’m afraid to look at my portfolio.

Ain’t see nothing yet. The greatest recession 2019 will knock indexes -50% if trump still in wh.

There’s so many other Countries to trade with,but yet you still trade with China. The only reason they are down people need better wages to buy things. So $16.00 hr you can have a better happier Life . When 100 things are being bought is better then just 10 , Stocks go up .

trumpdestroyingAmerica

Another first for president trump.

TO: realDonaldTrump!!! Fire the guy in the White House!!! Very simple...!!! Get BarackObama back in the HOUSE & he will fix it!! GUARANTEE!! TrumpResign StephenAtHome

Do people realize you can make money when the stock market goes down too? 🤔

DOW 10k here it comes.

JuliaDavisNews Is America winning yet?

ettd

MAGA and sick of winning... Thanks GOP.

Buy Bitcoin short stockmarket Stockmarketcrash

Your boys at the dem fed.

Trump now buying the dump....nice work Trump just manipulated the market...now he's buying 😂😂😂

Maybe we're now embarking upon realDonaldTrump's economy.

Thanks Trump Merry Christmas

I wonder how trump's rich friends feel abt him now.

Nothing to do with economy! Political conspiracy!!

Ouch, when USA sneezes Europe gets cold.

This is all because of Trump and this GOP's bad policies. The Republicans only create great depressions and recessions !! Also Trump caused the shutdown and colluded with Russia. TrumpResign TrumpShutdown TrumpChristmasShutdown StockMarket TrumpCrash MerryChristmas

ToluseO FoxNews Does that mean Republicans need to lie more? As I understand it, one day Republican lies are going to make America great again.

realDonaldTrump are you going to own this mess you’ve created? GOP ?

Did you guys report this:

ClosingBell Following many disastrous decisions before (but hey, who would care about lives being shattered?) at least realDonaldTrump and his minions now clusterfuck where it hurts most: money, and lots of it. What does it take to just ditch the bitch?

Winning MAGA Neil_Hess122

TrumpShutdown ResignNowTrump TrumpResign

Yeah, THANKS TrumpAdministration! What? I want us all to be broke like you? You are THE WORST thing to happen to the USA, EVER!!!

Merry Christmas from Trump to all. & Happy New Bear Market Year! I hope you love the Tax give away to the 1% & all the years loss b/c of you favorite Pres Trump. waiting for the Recession to come brought to you by Trump himself!

Never thought that

Good thing realDonaldTrump brought “Merry Christmas” back.

realDonaldTrump

A democratic congressman liked this. Because he hates America.

Trump owns that.

Recession incoming be prepared

Just the beginning. This was a roadmap set in stone!

Thanks Trump! You screwed up the stock market! Way to go!

realDonaldTrump owns the GovernmentShutdowns and the StockMarketDownfall

Thanks realDonaldTrump! halfwittedmoron

JuliaDavisNews BearMarketMnuchin stevenmnuchin1 you are in WAY over your head.

Stocks to Watchout for next 7 days: Merck: PDUFA on December 28. Ford: December Sales Conference Call on January 3. Options activity has been very high in the last couple of weeks in these two stocks. Good luck all.

Trumps instability has caused more chaos

BUY!

Not sure if it’ll work but have you tried to put it in some rice?

WINNING

You guys wanted Trump. ENJOY!

riotwomennn ....but her emails.

Does anyone else get the impression that CNBC is enjoying this toooo much

riotwomennn Look at you go, realDonaldTrump !!!

JuliaDavisNews Luckily I can ride it out. I feel sorry for anyone whose retirement is getting wiped out right now at the wrong time. Trump is not helping. Not one damned bit.

The fed is a minor part of this market implosion. Trade war, tax cut that was a bust, climbing federal deficit, white house chaos bigger reasons for drop. Fed has propped up the market for too long

The WORST Christmas Eve trading day EVER realDonaldTrump

Compliments of realDonaldTrump and Republicans.

Thanks Obama!

Life can’t be all sunshine & rainbows 🙂 we will survive, keep your head & look for opportunity, peace & joy during Holidays to you & yours

Thanks to the Dems and NancyBo, the msm, led by harDwood, then the Fed Burps. Strike Three!

Thanks Fed

Wheeeeeeeeeeeeeee

How can this happen during infrastructure week?

Trump Making America Poor Again

Thank you Orange Cheeto!

So much winning right realDonaldTrump

When Pres funds & builds this wall & feds stop manipulating economy along with media stopping stoking fires of propaganda; all will be fine!realdonaldtrump

Thank u Fed

I'm sure it is joyful news to all the Leftists conspiring to make this a socialist/comm country with their propaganda using govt shutdown, fed rates, chaos in govt, & sky is falling routine to undermine Economy. Stock market was 800 + prior to Trump's election!realdonaldtrump

Bye Bye, 401Ks!

It’ll be fine

This is Trump's fault! Trump is clueless and destroying everything! Trump must resign and go away!

Try mentioning some good news, Crypto’s had a good day, doom and gloom mongers

ThanksTrump realDonaldTrump GOP SenToomey maga winning TrumpShutdown ChristmasEve

🎻

Thanks to this incompetent type of government that we have. GOP realDonaldTrump CNN business nytimes Twitter

So much winning!!

Santa, no gifts for Trump.

Look realDonaldTrump You’re 1!

Mueller at the door hence pull out of Syria, crash market, shutdown govt, etc etc etc

Thanks for nothing Trump! Every time a Republican say we need a businessmen as president, I cringe! There best was Lincoln, Eisenhower, Regan and H.W. Bush! But Bush wanted to balance the budget! To much for the talking heads and proof that Republicans don’t care about deficits!

25th to restore competence.

profgalloway We have not “entered a bear market” today: it started since the previous highs early last year. A bear market is a process, not en event.

So much winning! Right idiot Potus? TrumpResign

Have we hit peak pessimism

ClosingBell Bitcoin to 100k?

So. Much. Winning. maga

The Trump affect

LibsInAmerica I’m tired of all this winning!

Hey umm for all of you blaming realDonaldTrump, witch there are many things, this isn’t one of them. This would have happened with HillaryClinton.

Finally POTUS realDonaldTrump actually DID make history. Worst Christmas Eve day for the markets in history. All thanks to Donald J Trump.

Tired of so much winning yet

Thanks Trump

TribLIVE And it has absolutely nothing to do with the Feds raising rates for the 7th time in 2 years. Does anyone want o guess how many times it raised raised the previous 8 years?

Yeah a realDonaldTrump tweet isn’t going to collapse an economy. GOP tax cuts to the rich, inflating their own stocks, with no solid assets purchases to prop up the crazy prices. Gee I wonder what’s going to happen?This has been going on for decades. No bailouts this time!

The BEST people.

Maybe realDonaldTrump should hear that! So much winning, I'm tired of it!

Does that even register in Trumps empty mind, it is the worse.

realDonaldTrump did you see this? ALL on you.

We need a president who works more and talk less. Wait! We got the complete opposite. And last time he was seen in the White House with Laddy GaGa glass. MAGA

As forecast by economist....

Can we have a day off, a day of rest.

SPY Facts: All the SPY 500 stocks are down at least 8% from the 52-week high. Average - 30% down. Highest - 72.6% down, lowest - 8% down. Best Performer - RHT. Worst performer - NKTR. Please like and follow if you like my datas. Thanks.

“Winning” is decimating good Americans! realDonaldTrump GOP

Another record for realDonaldTrump

HillaryClinton tried to tell you!

realDonaldTrump Still accomplishing what no other president has been able to.

profgalloway Ever since Melanie unveiled those disgusting red trees, the market is down. Thanks crime family.

It doesn’t feel like Xmas this year.

elwasson We didn’t want to retire, NBD.

It's Obama's economy now.

Where is all that money going?

Trying to not think of my 401K like...

I've been calling a bear market since those ridiculous (temporary for all but the wealthiest) tax cuts came out. Make the Middle Class Great Again.

My wife is having Christmas dinner at her boyfriend's familys. I wasn’t invited

MAGA

JohnMelloy So i keep hearing from all these big financial and investment companies that the market is over reacting but aren't they the ones doing the biggest selling? Maybe they need to heed their own comments.

How's everyone's 401k doing? Not looking too healthy, I bet.

NoahCRothman realDonaldTrump, Thanks.

ThanksTrump

NoahCRothman Proof that everyone loses when Trump tweets about the Fed or markets in general. Someone please grab his phone away from him.

HappyHolidays POTUS realDonaldTrump Winning

Dont TELL THE GREAT SAVANT

Here.we.go

Dammit. This is not the best timing. Someone please stop Mnuchin from calling people. Between him and the President’s insane tweeting they are wiping out my retirement.

P_Snell11 is this good or bad

.realDonaldTrump TrumpResign

robs42775 Today Trump finally became President.

NoahCRothman Well, Dotard the President LOVES superlatives.

could you celebrate christmas now? that would be nice!

Thanks, Trump. Everything Trump touches goes bankrupt.

That's the best Christmas eve trading day for me. That means I can buy at a discount. 👌 What? I'm the only one that sees this as a good thing?

Stocks are on sale!!!!!

Perhaps Donald Trump can take credit for this!

How are those 401Ks. Funny do not hear much bragging from the MAGAts anymore.

So much winning!

JJohnson2u realDonaldTrump

TrumpMadeMarketCrash2018

luvnewinfo Soon as Democrats win the House, they ruin the stock market! IMO

Cripto bullish

Somewhere Bernie and Trump supporters are celebrating together.

I made money today.

. Very interesting considering we had a 4.2% GDP and record low unemployment. Think the Democrats have something to do with this?

realDonaldTrump has caused this with his InsaneAntics TrumpChristmasShutdown TrumpTemperTrantrum ImpeachTrump save America!

Own it Doofus if you own it on the way up, you surely do on the way down Winning BestChristmasSTOCKingStuffer ever

congratulations to individual-1 for being responsible for the worst Christmas Eve trading day in HISTORY!!!! ... maga!

But people thought electing a businessman would be great for the country so he can make better business moves for the country. I’ll just leave it there. 🤦🏾‍♂️

Well, ummmm, her emails!

TrumpResign

KrisKetzKMBC Thank you Federal Reserve Chairman. You totally own these stock market losses!

JustSchmeltzer If only those corporations waited a little longer for their stock buybacks.

But his Birth Certificate!

ChristmasCrash & TrumpSlump market. But not for $BTC and Crypto

Hey, didn't the Federal Reserve meet last week? I hope they didn't raise interest rates. That would decrease the amount of money in circulation and cause a sell off in the stock market.

buycryptonow

Who is to blame?

So. Much. Winning.

ClosingBell Repeat: The FED knows what they are doing. Retirements Accounts down 20 to 30%.....No problem.

This is scary

GOP realDonaldTrump YEAH TAX BREAKS WHOOO!!! resign

Make America great again right?

MM at its finest!

Wow MAGA worst in HISTORY

We have the worst president ever. Good combo. Thanks FOX news.

🤦‍♂️

Sounds terrible for you people that gamble on the stock market

Why do I feel like *some* people just made bank on this downturn...

'The reason our stock market is so successful is because of me. I've always been great with money, I've always been great with jobs, that's what I do. And I've done it well, I've done it really well, much better than people understand and they understand I've done well.'

investlikemike

investlikemike

Thanks Obama!

investlikemike

Good job realDonaldTrump!

This bear market brought to you by an inept and politically driven FED

The Sky is Falling

GOP ‘s crash

The ship is sinking.

Richard_Florida History is great again!

We must re-institute the uptick rule and curb algorithmic trading

fmanjoo Something else Trump can be proud of. You win!! Obama never had a day this low in eight years as president

Trump will never hear the end of this!! ClosingBell WilfredFrost SaraEisen BobPisani

FranchiseKing Why don’t you all start working together as one.

😂😂😂

Hey CNBC, Why are you not showing the Bitcoin or Crypto Index on this Score Board?

craaaaaaaaaaaaaaaaaap.

Keep bringing on guests that try to guess what's causing the drop that really helps along with your commentators ongoing negative comments daily as soon as market goes up to any degree it seems your network enjoys creating negative sentiment towards the markets

Welcome to recessionville!

therealDonaldTrump GOP I'm thinking this fiasco needs to be placed where it belongs. On the idiot in the WH and the GOP members who in spite of the idiocy he has perpetrated on the American public still support him.

luvnewinfo Engineered by fed to attack trump. The anti trump machine wants to be able to call him a failure and are willing to subvert any area of governement to do that. They are sick sick sick

Damn

Hey realDonaldTrump this is all your fault.

Should we be saying TrumpSelloff?

Thanks realDonaldTrump . This is what happens when you have a petulant, weak, ignoramus installed at the WH by a foreign adversary. TrumpResign TrumpShutdown IdiotInTheWH

Donnie’s new theme song “I’m a loser”

Buy stocks as much as you can ,, buy it in low and sell it next week at the hi 👍

Here comes the TrumpRecession

DavisHsuSeattle It’s a great time to buy!

The Biggest and Greatest Christmas Eve Bear Market Of All Time!

Trump Slump

Thanks realDonaldTrump TrumpResign

99999sv On the bright side, Gas prices at the pump are getting much, much cheaper. That's very stimulative for the consumer. And it Real stimulus! Not Fed induced inflation bubble nonsense.

Bear dumbs saying bear market next week Bull is back lol

One more investigation, Trump and his minions are manipulating this to have earnings.

And democrats are cheering, hoping for a recession just so Trump looks bad. You people are sick. The truth is that while the markets fluctuate, Americans will go about their business. The market is sliding with no real cause. Low UE and high GDP should be good, right?

Capitalism sure is fun.

Feds began the landslide and basically (intentionally) destroyed confidence, amid zero inflation, stable prices and a booming market

TribLIVE Somehow it will be up 5% on the day fidelity records my 401k contribution though.

This is all yours, Donald. You own it!!

I can't handle all the winning!😂😂

realDonaldTrump is a failure. Just a con man. Wake up America.

Meanwhile BITCOIN is bullish.

Santa Powell has stolen the Xmas

h

Scared yet? Instead of Hooverville we can have Trumpville and instead of Capon opening soup kitchens, maybe we can just ask some of Trumps buddies, they’re criminals after all. TrumpChristmasShutdown

I guess we need a miracle.

Is 20,8000 the target?

realDonaldTrump has officially made Christmas Eve stock market the worst ever and we had 2008 financial crisis.

Investeraren Is the motsatsen bevisad now? MVH

CLAIM IT realDonaldTrump cc: SeanHannity kilmeade AnnCoulter limbaug jayawallace (FoxNews President) DonaldJTrumpJr EricTrump IvankaTrump JudgeJeanine Outnumbered MariaBartiromo thefive IngrahamAngle Market down worst since Great Depression

What goes up must come down...

Investeraren What happened in the 30s? Great depression in the markets and the economy. Then the rise of Hitler and world war 2. Creepy

Boy I sure love winning. Don't U?

Autarkh - Thanks Obama!!!

Ho Ho...Whoa!!!

Good thing realDonaldTrump brought back 'Merry Christmas'

The best and biggest Bear Market will out last Trump.

Thanks Trump! DepressionPresident

May the wealthy learn the true essence of Christmas. It ain’t about consumerism. Hopefully it’s not that bad of a recession. Merry Christmas y’all!

Another record for Trump. MAGA winningatloosing

WHAT GOES DOWN MUST COME BACK UP

Should we shutdown the market until government is open again? shutdowns

Couldn't agree more - stock order imbalance ratio on market close is staggering 1:5; so for every buyer looking for a bottom fishing, there is 5 sellers trying to exit the market.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks slump on Christmas Eve; S&P 500 nears bear marketU.S. stocks fell sharply Monday, sending the Dow Jones Industrial Average down about 650 points and throwing the Standard & Poor’s 500 index almost into a bear market. That deepened the market's losses after its worst week in more than seven years. Yet earnings, unemployment, inflation, gdp growth in check, and The Fed says everything is fine. Morons. Trump said he want to pay for wall.. The markets will be the demise of trump. As soon as enough rich assholes lose money, they will take him down. Everything else is nothing for these people. Greed fuels power in america.
Source: latimes - 🏆 11. / 82 Read more »

Dow industrials and S&P 500: the best and worst-performing stocks of 2018Merck leads Dow industrials gainers; AMD tops S&P 500, despite a horrible fourth quarter.
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow and S&P 500 are on the brink of exiting a stock-market correctionA new year, a new market. The Dow Jones Industrial Average and the S&P 500 appear in position to exit correction territory if a multiday rally on risk assets continues apace. Your story on Nasdaq still being in bear market territory is not true as usual you guys play around with headlines! It’s not 20% off highs it’s about 14% as of right now, plus 20% of highs is just technical and these things don’t mean as much in markets today clearly If anything Nasdaq will be the first to be out of correction clearly tech leads the rallies and declines..
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market marks 5th straight gain, Dow, S&P 500 exit correction
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow and S&P 500 just exited a stock-market correction—after a 5-day surgeA new year, a new market. The Dow Jones Industrial Average and the S&P 500 exited correction after a multiday rally that has helped to mend at least some of the scars of 2018. Will it hold?.... 🤔
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow skids to end down 2.9%; S&P 500 on cusp of bear marketLevel at which the Dow Jones Industrial Average will enter a bear market: 21,462.71 Current level: 21,792.20 Level at which S&P 500 will enter a bear market: 23,44.60 Current level: 2,351.10 You don’t want any stocks in a bear market Great buying opportunity
Source: MarketWatch - 🏆 3. / 97 Read more »