DJIA closes down over a thousand points

[Mike 03]

Final number may change as things settle.

Down 10% for the week.

Selling into the close.

This meets the technical definition of a correction.

Market Summary > Dow Jones Industrial Average
INDEXDJX: .DJI
25,759.42 ?1,198.17 (4.44%)

Feb 27, 4:00 PM EST ·

Bloomberg radio: "This looks like the worst one-day drop ever." (But that needs to be fact checked).

[denem]

1. Last minute stampede for the doors.

[SWBTATTReg]

6. Exactly. All of those who brought calls, all of those who bet the farm on the markets to ...

continue to go up and up and up, all are probably facing margin calls, and thus finally after years and years of a continuing UP market, are now facing the piper. Hopefully most of us have been selling continuously as the markets kept going up (take a little profit off the table), as most analysts recommend.

[LizBeth]

2. A question I have been wondering. It was down over 900 a couple days ago and

Also like 600 before that. Now it is down over 1000. Did it get back that previous down of 1500? Dow goes up and down so I do not follow it that closely.

[wishstar]

12. Dow reached record high of around 29500 earlier this month but is now 25760, down 4000 points

If Dow drops another 200 or so points, all of market gains from 2019 will be wiped out and market was a loser for 2018 too, so we will be back to levels of 2017 wiping out most gains of past couple of years.

[LizBeth]

15. Very good information. I do appreciate this. This is what I was wondering.

Thank you.

[ooky]

33. Its flat over the last 25 months now.

It got a good bump roughly the first year of the Trump presidency, that rose steadily, to hit 25520 on the Dow on Jan. 29, 2018. That was the end of the 2016 election bump. It closed today at 25766, up 246 points over the entire period.

[CrispyQ]

20. Type djia into a browser window.

It will bring up a little graph of what the Dow is doing today. You can adjust the time frame that it displays from 1 day to 5 days, 1 month, 6 months, etc. You can see the open and closing per day. It's pretty cool how much info you get for typing 4 letters.

[LizBeth]

22. Excellent. Thank you. I am going to play.

[gratuitous]

23. I googled "dow jones closing last 30 days"

I can't seem to copy-and-paste the graph that comes up, but it's pretty useful and has tabs for the day's chart, last 5 days, last month, last 6 months, last year, last 5 years.

[LizBeth]

24. Ty, I so appreciate all this information.

[brokephibroke]

3. Where is trump now?

Guess he only owns it when it goes up, eh?

[Newest Reality]

16. And...

"Dow who? Dow Jones? I have never met him. I don't recall a Dow Jones."

[TheFarseer]

29. He's blaming the Democratic debate

I guess the 7th debate is the one all the fund managers watch. They ignore the first 6

[denbot]

4. That will leave a mark..

Could be a major correction.

[Johnny2X2X]

5. -1200 almost

Ouch.

I have a fairly conservative mix that I am comfortable with, I'm not even going to check it right now.

[smirkymonkey]

7. Wow.

Expect some OTT insane tweets from the Short-Fingered Vulgarian very soon.

[malaise]

8. The Con does things Bigly

25,763.89 ?1,193.70 (4.43%)

[mindem]

30. Yup,

funny the way things work. If he's going to take sole credit for all of the increases he needs to take credit for all of the decreases.

[Bengus81]

9. Way to go Donnie! Damn near 4000 point drop in 15 days.

Think he'll be bragging this up at his NAZI rally tomorrow?!?!

[klook]

10. Per WSJ:

"If the S&P 500 were to close below the correction threshold, it would be the broad U.S. stock index’s fastest decline into correction territory from an all-time high in data going back to 1980, according to Dow Jones Market Data."

Heckuva job, Spanky!

[denem]

13. A vote of confidence in Pence !

(amongst other things)

[MoonlitKnight]

11. I would expect it to be down even more tomorrow

Not many will want to be holding positions going into the weekend when the news could get worse.

[Mike 03]

14. Yeah, the way the selling picked up in the last five minutes I

wouldn't be surprised.

In fact, it might be worth watching the aftermarket and the Asian markets.

[cbdo2007]

17. Wow...I wish I had a ton of cash to do some buying...

may have to take out a loan if it goes down much more to buy some of these great deals.

[spinbaby]

19. Catch a falling knife

I plan to buy eventually, but don’t think we’re anywhere near the bottom.

[cbdo2007]

25. I don't either...I bet it will fall another 10% by the end of March

...but holy cow, Disney with the double of coronovirus and Iger stepping down is 20% down just this week. AAPL too is down 16% this week, that's hard to pass up.

[Jim__]

18. Larry Kudlow, Director of the National Economic Council, should calm the markets.

He could just proclaim that he doesn't see a problem. Remember, Trump hires the best people.

[Roland99]

21. Dow industrials weekly skid would rank within its top 20 in its 124-year history

https://www.marketwatch.com/story/how-bad-is-the-coronavirus-sparked-stock-market-selloff-the-dow-industrials-weekly-skid-would-rank-top-20-on-record-2020-02-27?mod=home-page


Twitler has to be going insane

[C_U_L8R]

26. Fake tweet or not, it's time to launch that loser over the moon.

The markets have voted NO CONFIDENCE.

[Hassler]

27. And the one thing Chump thought would win for him in November is heading south. Couldn't happen to

a bigger, lying, douchebag predator.

[OhZone]

28. Can't Pence just pray it better?

Like he will with the Corona Virus?

[Happy Hoosier]

31. Very glad I moved my daughter's college fund last year.

She’s off to college in the Fall. If it were in stocks, this would have been a disaster.

[Yo_Mama_Been_Loggin]

32. Winning Baby!!!!