Dow erases gains for the year, tumbles more than 600 points as stocks extend October swoon

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It was a brutal day on Wall Street. The Dow and S&P 500 both erased all their gains for the year, and the Nasdaq had its worst day since August 2011.

 

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Wow %10 correction ? SHOCKING . LOL

- realDonaldTrump is the reason for stock crash. His lies have hit terminal velocity, and the country is over it. VoteBlue ImpeachTrump LiarInChief

BITCOIN- BTC pushes past $6K to $6.5 as support nearing in on 120days bull mkt while S&P drops worst drop since 2008 financial crisis when Bitcoin was invented. Hmmm what to do?

It's obvious why Dow Jones Industrials is falling... And S&P 500 could've done better if they started embracing design, although it's a little too late... Happy Thursday everyone.

Thanks realDonaldTrump for trade tariffs and NO signed trade deals yet -- also YOU quit all standing trade deals -- sure didn't help my 401K

Ok. Ok

Radiog3nic 🙄🙄🙄

Predicted three weeks ago that this coming....

buycrypto XRP BTC

Predicted on Oct 6

Looks like Trump's balloon of the stock market it's popping. That might finally wake up a few people about his regime.BlueWave2018

This is just the beginning of what is going to be an ugly correction. Get out while you still can.

This should be no surprise. The financial engineering that took stocks for a delusionary run is becoming transparent. Using more deficit spending by cutting corporate taxes gave a one time artificial boost to P/E’s. That party is over and the debt payoff begins.

Is soros shorting stock before the mid term elections ?

dj_m00p loool down 2percent? oh boy the sky os falling xD

Obama’s fault no doubt.

I like altcoins 👌

If Dow breaches 24000 then next target is 19000. Another 20% decline.

BuyBitcoin Bitcoin cryptocurrency

But but but Cramer said the bottom was yesterday!

wallyr17 I dare anybody to listen to this high! PotStocks marketmeltdown

xray_ban Thanks, Jana

It’s moving to Bitcoin and Crypto assets

Dammit Obama

Lol, shit going bazinga

Trumps trade war & tax deficits strike again!

Trump and Powell’s actions are destroying Americans 401k Balances. My account will never recover. I will need to work until I am 100! Between tariffs, incorrect fed policy and rate increases and squabbling between POTUS/Fed... time to vote GOP out Nov 6! I am fed up!

Beautiful. Long Bitcoin, Short the Bankers ✌🏽 APompliano

ShitcoinSherpa bitcoiners not affected.... :-)

Buy XRPRIPPLE

ShitcoinSherpa Noice

Reagan tax cuts = 1991 small recession bigger Bush tax cuts = 2008 great recession even bigger Trump tax cuts = something even larger (hint: authoritarian on the loose in world during 1930's),

Buy crypto and gold.

Where are all the Trumpers who were bragging about how great Trump was when the market was high? I’m sure they have excuses talkmma

Could it be that the market fears democratic swing in the pendulum? It’s enough to send most into hiding.

What’s with the background music...

BUSH REPLAY ! FIRST LOSE EQUITYS THEN JOB THEN HOUSE WHILE BILLIONAIRES STEAL FED TILL AND HELP OUT ALL VETERANS GOP KILLS 351 THOUSAND PTSD VETERANS TAKEN OFF PENSIONS UNDER TRUMP TRAITORS

PeterMerlinCane How is everyone’s 401Ks doing now. Don’t hear Trump bragging about the stock market now. This s country could be heading into a recession brought on by the Republicans again.

Buying more stocks. These pullbacks are healthy for the market. Anyone that sells on these minor declines shouldn't be in stocks at all. Fortune favors the bold.

CiCi77 Will Trump be taking bows for the fall or his he only responsible for increase?

looks boolish

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 JeffBezos thegrinch you lost over a hundred points today Damn 😂😂😂😂😂😂

Are you feeling WallStreetStress?

Thanks Trump.

warehouses full, wages stagnant and no more CEO welfare, what's a stock market (aka 'Ponzi Scheme') to do? SRuhle AliVelshi jimcramer MadMoneyOnCNBC

They stock $ for $btc and $eth

Better start shorting everything. Do not go long one stock until you see real gains again. Could be a 6 months- 2 years in bear market

Time for cryptocurrency the miracle of Christmas will arrive^^

Domestic terrorism help push this market off a cliff 📉

Waiting for realDonaldTrump to take credit

KraToZz_ time for crypto to save your money

bostonnewslocal Going Down.................................................

Just remember you’re improving your dollar cost averaging at these levels. 🤔

Buy bitcoin is extremely stable has been ranging at 6.4K for months

JelliiCrypto_

This is just a start

Time to buy bitcoin

POTUS making America great again.

Heckuva a job Donnie!

Short it all and go into crypto :D

Thanks Obama

realDonaldTrump

Bitcoin is a bubble

Trump just can't stop winning! It's incredible! Oh wait... Trade War, Tax Breaks for the Rich, and Gargantuan Deficit. Yep, our 401k's are toast.

Sad how many people rooting against this patriotic President. Pray he succeeds cause next downturn will be brutal for many

Clearly this is also a FalseFlag attack before the midterms.

Trump also owns the best day DOW has seen since 2008

stuartpalley Question-does Trump tweet abt this?

It is the Trump effect. The tax cut money is now in the banks of Panama and Cayman Islands.

ironic that $BTC is more stable than stocks - your move SEC

Anyone at home in the WhiteHouse want to comment on “worst day on NASDAQ since 2011? Nope I didn’t think so.

Bear market has begun!

Trump claims this? ;-)

Guess who will Trump blame this time? I bet the Federal Reserve.

Worst day for stocks AND a double attempted assassination on two former Presidents.. all in one American day.. What's next? dare I ask...

'It just a October thang, don't you worry your little head about it' HA!

Expected results of FEDs moves

So much winning

So much winning. God I hate trump

GOOD!!!! US markets Waaaaaaay over valued

realDonaldTrump go ahead and claim this too — go on!!

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Stocks fall sharply as tech firms drop; Dow loses about 600 points - Los Angeles TimesA broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking about 600 points off the Dow Jones industrial average. Apple, Amazon, Goldman Sachs and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Stocks. Power. realDonaldTrump Hey bozo. Where is the bragging now.
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Dow sinks 625 points at low as the stock market contends with a fresh threat: a rising dollarKind of a shame it was even open today tbh.
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Dow Falls 600 Points As Tech Rout Hits StocksU.S. stocks tumbled, pulling the Dow Jones Industrial Average down 600 points, as anxiety over the health of technology behemoths rippled across the market. *****And the reason for this is even more interesting. Well. Closed that gap from last Wednesday. And then some.
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Mnuchin says market reaction to Fed is 'completely overblown'DOW down 4000 since October, and 2000 since the 'tax cut'... this shut down ought to help! jimcramer is this true? Overblown
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Markets Right Now: Stocks plunge again, chopping 600 off DowNEW YORK (AP) — The latest on developments in financial markets (all times local): 2:09 p.m. Stocks are plunging again on Wall Street, chopping another 600 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,900 points. Technology stocks, longtime market favorites, have taken particularly hard hits over the last few days of selling and were sharply lower again Friday. The technology-heavy Nasdaq composite index is now down 20 percent from the peak it reached in August. winning Bitcoin is up Thats a pretty limp deek from the GOP
Source: AP - 🏆 728. / 51 Read more »

Tech giants that lifted stock market to historic highs now leading the way downA weeks-long swoon in tech stocks deepens and drags down energy and retail sectors. Put simply, stocks have already started to price in the risk of an economic slowdown,' Goldman Sachs chief US equity strategist David Kostin wrote to clients on Tuesday. Looks like we have ridden as far as can from President Obama's genius. Soooooooooo much winning!! It ended up down 550.
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