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Dow closes down triple digits; S&P in correction falling below the 1900 level
Posted By: NaturalWisdom
Date: Wednesday, 13-Jan-2016 16:18:56
www.rumormill.news/37306
In Response To: The Chinese Market Crash (BATR)
Looks like a few investors decided to follow the Royal Bank of Scotland's advice to SELL EVERYTHING.
Dow closes down triple digits; S&P in correction
Evelyn Chang | Yahoo Finance (sourced from CNBC)
Jan 13, 2016
http://yhoo.it/1W8xbx2
[snip]
U.S. stocks closed sharply lower Wednesday, pressured by low oil prices, as concerns about global economic slowdown weighed ahead of major earnings reports.
The S&P 500 closed down 2.5 percent, ending below the psychologically key 1,900 level for the first time since Sept. 29. The index fell below that level in intraday trade for the first time since Oct. 2, 2015. Consumer discretionary was the greatest declining sector.
"It started with crude just weakening a little bit. Everyone's so afraid of this earnings season they're pre-selling it," said JJ Kinahan, chief strategist at TD Ameritrade.
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FULL REPORT
RMN is an RA production.
Articles In This Thread
- The Chinese Market Crash
BATR -- Wednesday, 13-Jan-2016 15:27:14
- Dow closes down triple digits; S&P in correction falling below the 1900 level
NaturalWisdom -- Wednesday, 13-Jan-2016 16:18:56
- 75% CRASH In STOCKS COMING….MEAGA MELTDOWN For Dow, Crude, Baltic Dry, China, Nasdaq...Lots Of Links
Watchman -- Wednesday, 13-Jan-2016 18:46:26
- Economic Predictions For 2016: Why Joe Sixpack Should Care, Even If He Has No Stocks...
Watchman -- Wednesday, 13-Jan-2016 19:10:33
- Nikkei stock average opens DOWN 700 POINTS (4%)
NaturalWisdom -- Wednesday, 13-Jan-2016 20:38:46
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