Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDJIA -500. Dow opens with another triple-digit decline as China ratchets up trade tensions
https://www.marketwatch.com/story/dow-opens-with-another-triple-digit-decline-as-china-ratchets-up-trade-tensions-2019-08-05?mod=bnbhU.S. stocks opened deeply in the red on Monday after China allowed its currency to fall to a fresh low against the dollar, upping the ante in the ongoing trade war. The Dow Jones Industrial Average DJIA, -1.92% opened at 26,189, 1.2%, or 384 points lower. The S&P 500 SPX, -1.97% opened at 2,895, down 37 points, or 1.2%. The Nasdaq COMP, -2.54% was off 179 points, 2.2%, at the start of trading, to 7,822. Global stocks suffered steep declines as well. In pre-market trading, shares of Cars.com lost more than one-third of their value after the company announced it had received no bids to sell itself.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
7 replies, 898 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (3)
ReplyReply to this post
7 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
DJIA -500. Dow opens with another triple-digit decline as China ratchets up trade tensions (Original Post)
Roland99
Aug 2019
OP
we can do it
(12,169 posts)1. Good. Hope it drops like a rock.
And yes I do have my retirement account in stock market.
safeinOhio
(32,635 posts)2. 10:00 AM Dow down 495
safeinOhio
(32,635 posts)3. 10:03 down 518
KY_EnviroGuy
(14,488 posts)4. I see a bad Christmas possible for retail this year. n/t
................
Roland99
(53,342 posts)5. -725. 10yr yields collapsing
Dow 25,760.36 -724.65 -2.74%
S&P 500 2,851.46 -80.59 -2.75%
Nasdaq 7,739.75 -264.32 -3.30%
GlobalDow 2,939.86 -65.11 -2.17%
Gold 1,476.40 18.90 1.30%
Oil 55.43 -0.23
U.S. 10yr 1.742 -0.1039
zackymilly
(2,375 posts)6. Whew! Glad I got out when Trump got in.
In all guaranteed funds. Only making 4% but not losing anything.
All my annuity accounts have an insurance rider on them. They can only go up, and if the market drops, the insurance policy kicks in and covers the drops.
spanone
(135,789 posts)7. You can only fuck with China for so long, mr. 'president'