Wednesday's Stock Market Mini-Crash

[struggle4progress]

The stock market really built up downward momentum .. adding to losses earlier in the week as market participants continued to look warily at rising COVID-19 case counts in the U.S. and Europe ...

... this downturn took no prisoners and left few stocks unscathed ...

... the three major market benchmarks all moved more or less in lockstep. It wasn't a case in which the Nasdaq rose while the Dow plunged, or the S&P soared while the Nasdaq lost ground. The mood seemed equally dour across the entire market ///

... Gold prices fell ... crude oil prices were down ... Bitcoin dropped ... bond prices were down ...

https://www.fool.com/investing/2020/10/28/wednesdays-stock-market-mini-crash-looked-differen/

[smb]

1. I Expect It'll Perk Up Next Week...

...when we get confirmation that the long national nightmare is entering its final chapter.

[PoindexterOglethorpe]

2. I am inclined to agree.

[FloridaBlues]

3. I hope your right.the last thing we need is a extended market crash

[coti]

4. Maybe not. Once the people playing games with money realize the gravy train

of looting the national treasury to prop up the stock market is over, that we might start only passing out cash to families that need it...

[Awsi Dooger]

5. I think GDP is released tomorrow

That might have some impact. Futures are positive. It's expected to be a high number, mostly to rebound from the disastrous prior quarter. Trump will likely be chirping about the number until election day, as if it's representative. Democrats need to have effective counter numbers