Dow Plunges More Than 600 Points on Worries Over Government Shutdown

[workinclasszero]

The Dow is headed for another 52-week low Thursday on concerns over a partial government shutdown and after the Federal Reserve hikes rates for a fourth time this year.

By The Street Staff Updated Dec 20, 2018 2:23 PM EST

Stocks were tumbling Thursday, Dec. 20, with the Dow diving more than 600 points after concerns grew that the U.S. government would partially shut down following word from the White House that Donald Trump was wavering over signing a stopgap spending bill.

Shares already were down following the Federal Reserve's move Wednesday to raise its benchmark lending rate and signaled tighter monetary conditions into 2019.

Speaker of the House, Paul Ryan (R-Wis.), said Thursday that Trump wouldn't be signing the spending bill after House Republicans met with him at the White House because the bill doesn't include funding for the border wall.

https://www.thestreet.com/markets/dow-extends-decline-after-fed-hikes-rates-14816689

[bearsfootball516]

1. We'll see where it finishes. It's only at -300 now.

[workinclasszero]

2. The wall street pirates are probably hoping and praying that

Ann Coulter, Fox & Friends and freepers aren't really controlling the government.

Just wait till Commander Bone Spurs shuts it down for real!

How far can the stock market fall before trading is suspended for the day?