InvestorsHub Logo
Followers 65
Posts 40013
Boards Moderated 2
Alias Born 07/08/2002

Re: leftovers post# 433

Sunday, 10/28/2018 1:48:25 PM

Sunday, October 28, 2018 1:48:25 PM

Post# of 812
Well- you do need to put this in some context.

Tax cuts haven’t been enough to keep the stock market away from trade war fears in 2018.

Carrying on a month-long market rout, major indexes tracking U.S. equities—the Dow Industrial Average and the S&P 500—slipped into the red Wednesday amid worries about tariffs and rising interest rates.

The Dow fell 2.4% to 24,582 while the more expansive S&P 500 dropped 3% to 2,656 on Wednesday. Another way of looking at it: The hundreds of companies indexed on the S&P 500 have dropped at least $1.7 trillion in aggregate market value to about $23 trillion since the market’s high in September, based on data from S&P Capital IQ.



http://fortune.com/2018/10/24/stock-market-correction-nasdaq-dow/

The volatility has been ridiculous. You can ride it out if you have the risk tolerance to do so or you can go to cash and move to the sidelines until the Fed is done raising rates, the tariffs are reversed, the midterms are over,and the market settles back into a more normal function.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CLM News