WTH?

[elleng]

Market Summary
>
Dow Jones Industrial Average
38,596.98
−530.16 (1.35%)today

[bucolic_frolic]

1. Dow drops 500 points after Fed officials spook investors with cloudy rate-cut outlook

https://nypost.com/2024/04/04/business/dow-drops-500-points-after-fed-officials-spook-investors/

The three major stock indexes fell more than 1% each and the S&P 500 had its biggest daily percentage drop since Feb. 13 on Thursday as Federal Reserve officials took a cautious approach in comments on the outlook for interest rate cuts, and investors braced for Friday’s monthly jobs report.

Investors also digested comments from President Biden, who called for an immediate ceasefire in a call with Israel Prime Minister Benjamin Netanyahu over the Gaza war. Oil prices climbed amid the geopolitical tensions.

The Dow Jones Industrial Average tumbled 530.16 points, or 1.4%, to 38,596.98, the S&P 500 lost 1.2% and the Nasdaq dropped 1.4%.

[elleng]

2. Thanks for the info; now I've got to 'study.'

[mercuryblues]

3. Don't do that

It's a trap.