Markets Right Now: Stocks sharply lower on Wall Street

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The Dow Jones Industrial Average briefly fell more than 500 points following President Trump's tweet criticizing Fed chairman Jerome Powell.

 

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Game. Next week today's buyers sell it

Trump story: And I was shaking hands with policemen in New York City, and the first one came up to me and said Mr. President, I want to thank you so much. I said what did I do? He said my 401K is up 44 percent and my wife thinks I'm, for the first time, a financial genius.

TrumpSlump

I hope that those Trump supporters are happy.

Gtfo with this FakeNews

The Fed is killing markets and they are clueless ..

This is fake news. Its still down -673 points.

It started falling when the Democrats won the House.

😐

The AP is disgusting FAKE News FakeNews

Not amused.

Like that's the reason

Do u fell American great yet?

Stop the DowJones nose diving StockMarket

Stupid comments on here

Trump doesn't care that what he says effects the market. His handling of the economy shows his ineptness. He had 6 bankruptcies, prior to his presidency. He couldn't run a company what makes you think he can run a country.

The average person doesn't give a crap if the dow jones falls 500 or 5 million points. Their struggle continues regardless of wealthy and overpaid stockbrokers whose economic and life support value is zero to real human beings worth!

Buy, buy, buy!

The FED is the problem! Thanks Woodrow Wilson!

I am so over this President, and even more so his supporters and enablers (GOP). Regardless of who they try to blame, together they all own this mess.

This is NOT Trump's doing. There is a fix in.

KTLA Interesting FakeNews buried DOW 1000s point rise under Pres Trump but seem to be fascinated with dips of a hundred. Any pervayors of FakeNews know why?

Even the rich want him out!

Because Wall Street has lost their minds. Our economy is very healthy unemployment historic lows & a President taking care of America. Their “algorithms” were based on swamp politics not true business & the algorithms don’t work when you have a businessman for President Ignorant

Feds raise the interest rates, stock market slumps. Trump throws a temper tantrum about it, the whole thing burns down.

Dow (DJIA) Closed At 653 DOWN

SEC_News And this is why Wall Street needs fixing.

Fed deserves criticism. No basis for hike in interest rates.

Briefly fell 500 before falling 650?

Currently down 650+ points today.

This has got to end. How can our whole stock market dive on a tweet! TrumpLies TrumpCrimeFamily StockMarket

cljmo realDonaldTrump - SO MUCH MAGA!

KTLA It’s time for Trump to step down along with his entire incompetent staff! Trump “fatigue” has now set in. Trump is the new Herbert Hoover ... let’s face it, Trump hasn’t the skills or temperament to move this country forward. Trump is taking the country over the cliff!!!!

EliStokols

This is why we need to go back to using MySpace...

Man I hate to say I told you so... 🗳

Goodness, would someone please take his phone away. Anyone with a 401 should be deeply concerned. While he’s credited for bringing $6 trillion into the market, over $4 trillion is already swept away. Merry Christmas, bah freaking humbug.

To be fair, the Fed has been attempting to screw the economy by messing with rates 4 times this year...so yeah.

It took Bush his full 8 years to tank the economy, Trump is managing to do it in just 2. Now that all the stock increases due to tax cut buy backs have dissolved do the 1% really still think Trump's their ticket to ride?

TrumpResign

I just don’t understand how we can keep letting one man’s twitter account ruin our democracy and prosperity...

The best POTUS could do is transition the Fed back into Congressional responsibility. It’s tasked to them via US Constitution. The Federal Reserve Act of 1912 is the worst act in US History. Why should a sovereign nation pay INTEREST to a foreign banking cabal?!?

Rightfully so. Interest rate raises take time for their repercussions to pan out and Jerome keeps raising with reckless abandon.

Hey Donnie knows how to blow up the economy....

Trump and Staff are killing the market.

As it should

Ok why is it that every time the market tanks badly when a republican president takes over after a democratic presidency?

Think Individual 1 will learn or double down?

TrumpResign TrumpChristmasShutdown ScroogePOTUS 🔥🎄🔥

sell Sell SELL!!!!! 😂😂😂

Trump always blames someone else!

I sold most my stock when Democrats won the house.

It's because of the Democrats.

Yup,Trumps fault by association. Your lieing way will never change.

Trump pleaded with the 'Federal' (private; never externally Audited) Reserve to not raise interest rates around Christmas as it would signal poorly after the last 7x 'hikes' in 7 Quarters after 32x stagnant Quarters under Hussein Obama, but alas Jews don't celebrate Christmas.

Looking more like Dow Jonestown.

The major trading is done via algorithms. The selling started by the interest rate hike kicked in other algorithms and now we are in an automated downward spiral.

His tweet isn’t the reason, the markets are over reacting to potential issues regarding trade wars....the Feds raising rates 8 times since Trump has been in office seems political, even tells us several more hikes in 2019....WTH

“Briefly.” And then fell more than 150 more...

Thanks, Trump

GOP are you clinically insane? DOW crashed & your boy is still tweeting his insanity TrumpChristmasShutdown

sandyturner01 NO ONE HAS CONFIDENCE IN TRUMP, LIKE THEY DIDN'T HAVE CONFIDENCE IN BUSH IN 2008!

Its been falling due to trump. Inept.

'It's the Feds fault'. I mean, when has this President EVER led us wrong?

Meanwhile Trump is all.....

TrumpResign TrumpUnstableToGovern CongressRemoveTrump

The Fed chairman is manipulating the economy for political gain! Where are the analytics? Fire federalreserve

We’ll know we are in trouble when realDonaldTrump ‘s cabinet and the repugnuts start selling off their stocks!!!

We tired of winning yet?

Mr. Trump, shut the hell up before our nation is bankrupt!!!

Art of the deal effect

KTLA Bunch of crybabies why do they react to anything And Everything

Trump is, in the words of a Republican senator, 'The right man for the job' but I sometimes wonder what that 'job' really is.

Your lede needs updating. Fell more than 650 points or 2.9%.

Wow. In one tweet Trump destroys the DOW ... what power! Who is like Donald Trump, AP? He is even more powerful than you ...

trump is poison to everything he touches or has any interaction with

I think the majority of people are confused as to how markets work. If there's a broad sell-off, that implies there are investors willing to *buy* the stock. The capital gains didn't just vanish either; it's sitting in people's bank/investing accounts.

TrumpResign ResignTrump

If a single tweet can move entire markets by percentage points then we really have to rethink how we conduct business.

🗣IT'S OBAMA'S FAULT😂😂😂😂😂😂😂😂😂😂👌👌👌👌👌👌

Thank you for reminding everybody realdonaldtrump and the GOP owns this disaster.

Winning! so much chaos! Ah! you think education is expensive, try racism.

Good, Powell needs to reverse the rate hikes or else his ass his fired. Immediately.

cryborg happy Xmas usa your 45 sucks

cryborg Idiot

So, now’s the time to buy.

Stock tumbles thanks to fed repeatedly increase interest rate. Hope they are happy now.

Dude really throws a temper tantrum, too bad Americans pay the price

Ha, I'd actually forgotten it was a Monday.

And now it’s down 650. All that winning.

It’s going to be fun to watch when all the tRump supporters, that don’t live in a trailer park, start bailing on this stable genius. ResignTrump

No it's actually down over 650 points. More great work of Donald and the GOP.

randypcox2 Isn’t this exactly what Bannon and Trump wanted all along? The “destruction of the administrative state”? Trump said he’d burn it all down—and he’s doing it. STILL GOP does nothing—they are complicit in America’s destruction. Trumpageddon 25thAdmendmentNow

KTLA MAGA

The man can’t get out of his own way. He has no clue as to how stupid he actually is. TrumpResign

This is not Putin's nocturnal emission or premature ejaculation. No this is Putin's full on ridiculous 20-minute porno screwing of America realDonaldTrump

So if 500 is briefly, what’s -650 close. Asking for a friend who doesn’t dance around words

🙄

Just another example of why Wall Street needs massive overhaul...

President Trump has nothing to do with this!!!

The PutinPuppet at work again.

DJIA -653.17

Oh! realDonaldTrump is MAGA !!!!

Anyone actively blaming Trump and freaked out about the drop in the market who wasn’t singing Trump’s praises when it shot up like a rocket lacks credibility.

Time to restrain the POTUS, lock him up in a padded room.

Blame that on Potus and his tariff and his humongous debt deficit while enriching the 1%.

Oh to examine Trump family stock activities just prior to these types of announcements... Sell-offs, buys, etc. It'd be interesting to see if there was some kind of correlation. Maybe not, but I wouldn't be shocked if the Presiden manipulated the stock market for his own benefit.

Trump needs to shut his ffffing mouth. Twitter should have deleted his account long ago for terrorism and threats to people and to national security

It’s always Trump, isn’t it. Easier to just blame him for a tweet than do a rational analysis of all the factors impacting the market, not the least of which is that are now decent options beyond a stock market propped up by the government. Great news for the working class.

Hmm I wonder if it’s because the constant infusion of government subsidy has been threatened.

Feds are known to Lincoln and Kennedy Presidents 😥

The FED should not be that powerful!!! auditthefed now

Looks like Mnunchin’s desperate pleas yesterday did nothing.

Somehow he will blame Obama for this 🤦🏻‍♂️

Now down 653 1:13pm. MAGA!

TrumpResign

realDonaldTrump Merry Christmas to you fool. Nice gift to stock holders Dow sub 22,000. Please resign I'll settle for boring Pence for 2 yes.

davidpsdem Then fell 150 points more 🤷

Actually more than 600.

'Honey, I shrank the market.'

Obama's economy not looking so good after he came out a week or so ago and said that he was responsible for it.

No briefly it’s still over 500pts.

Next for Bush,. 'Now we need to send some immigrants up the Mexican border,' to keep cocaine money going. Every day what they do to fuel their down south cocaine network. Clinton stole Primary and works with them & Brennan who drugged me day Trump was deposed. Cocaine theirs.

Bang up job, realDonaldTrump

Gotta ask whether ANYONE HAS TRIED EXPLAINING TO BABYBOSS that everything a president or cabinet secretary says affects the stock market. Maybe they invested against us.

🤦🏻‍♀️ Thanks orange A-hole. Your tweets have consequences. TrumpResign

RobCalfee He's deliberately trying to destroy this country. His personal holdings in stock are nil, so he doesn't care.

And now it's closer to being down 700 points than down 600 points.

Somebody take Fat Boys toy away. Distract him with a cheeseburger.

The illegal federal reserve

A new term if heard thrown about is a “soft coup detat.” Interesting idea with the Fed raising rates for apparently very little reason.

realDonaldTrump either still hasn't realized the obvious that he causing all this, OR he DOES work for Putin and causing all this is his goal.

651

650 now...

realDonaldTrump Merry Christmas you filthy animal.

Thanks Obama.

Now, it looks really really scary!

Now 600 plus down

War criminals with Bush and Carlyle group wanted to crash the stock market. They said they were going to take down buildings silently. 'We can't take down one more building again,' said George Bush now. Runstory about the nuclear components in columns.

It’s at 600 now!

And now it's almost down 600 points. So, where is this briefly you are talking about? I'm not seeing it.

trumpresign

He is hitting the American people by reacting like a spoiled child. He needs us more than we need him. The Federal Reserve is not part of the government despite their official sounding name.

Blew past 600

Briefly went down 500 before it went down 600

Lots of winning

Wasn’t Obama taking credit for the economy? Now I believe it to be true.

The Dow has been going down for the last few week and media is so quiet about. WHY?

JeffreyGuterman 401k’s are taking a massive hit under Trump’s ridiculously poor economic “policies”. Now I understand why he had to file bankruptcy so many times.

The market is Running Scared like the rest of us, we're not heading for a recession we're heading for a depression from a man who wants to be a dictator. Will the GOP stand up to him? I doubt it, they're in it as deep as he is. resign trump

So much winning realDonaldTrump. MAGA TaxCut 👉

591

Trumps comments Absolutely has nothing to do with the market going down. Just amazing nothing Trump does is positive in the media’s eyes.

Oh my Gawd

Make him stop tweeting! My IRA keeps going down!

JeffreyGuterman Wonder who out there has been selling short.

Do not allow the deposed criminal citizen to do what he wanted yesterday. 'I can't wait to get the squeeze play on these Americans,' Stole 2016 Donald Trump said yesterday. We have our Money Back at the Department of Justice and CIA. I am President since 2017 and serve to 2020.

But Gold and Palladium are way up.....go figure

Breifly is a bit of an understatment, its down 550 rn.

The Fed has no business raising rates now. Trump is right.

Take another look it's now in free fall with the ticker running 20 minutes late.

Reminiscent of the period right before the stock market crash & the Great Depression, lots of wealthy people lost everything & won’t have a pot to pixx in! Many rich / elite people back then jumped off buildings due to their losses. So, if history repeats itself, go ahead & jump!

It waved at 500 as it sped past.

Trump is a real and present danger to the American economy

MAGA

JeffreyGuterman It’s still falling...

realDonaldTrump who recommended Powell and Mattis and Kelly and Sessions. That person is the snake.

If Trump would resign the stock market would recover and America would be great again

Trump yelling at people and doing nothing continues to be how he operates.

JeffreyGuterman Briefly? It’s currently 551.

Trump thinks he can command the economy!

realDonaldTrump thanks again for wiping out all of our profits this year. God I miss BarackObama

Impeach Trump now!

The same moron told us the TrumpTaxScam would result in massive pay raises for all Americans

Merry Christmas from Santa Wall Street.

Briefly?

President Trump is just pointing out the obvious.

This m0r0n is single handedly destroying the market. Like much else he sets is filthy tiny hands on.

Is the President doing this on purpose? Has he directed his broker to short the market?

Briefly? It down 530 now.

They always fall on Christmas Eve.

🥵 it’s beyond -500 pts at this moment

Fed;s Powell should be fired and Jailed for working with the Democrats and Media attempting to Destroy the US Economy.

Briefly? It’s down 530 right now.

Not so brief actually

It's official, realDonaldTrump ruined BarackObama economy.

Great...😏- so are we Winning yet!!

Briefly eh?

Now they are Losing our Pensions! One more way to depress Main Street America.

And God is still on the throne.

JeffreyGuterman Merry Christmas!

So much winning! MAGA2020 Don’t forget to check your beautiful 401K today.

So companies can buy back their stock cheap and screw the rest of us!

This is when idiots, and inexperienced self serving fools are in government. We knew this would happen with a Trump Presidency as soon as they were able to enact their policies. Now we will have to remove them and repair the damage they have done.

Briefly? It is at -511 again and dropping..

Great job, Mr. realDonaldtRump.

The SEC fined Elon for tanking stocks with tweets. Will they do it to him?

How is stevenmnuchin1 still employed

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