Dow Ends Day Down 2.3K, Its Largest Single-Day Drop Ever
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To say it was another brutal day on Wall Street is an understatement. The Dow Jones Industrial Average ended the day down 2,352 points, once again setting a record for the worst-ever single-day point drop.
As CNBC reports, that 10% plummet is the index’s worst performance since the 1987 financial crash when it plunged 22% on “Black Monday.”
The S&P 500 also had its worst day since 1987 and also joined the Dow in a bear market; it closed down 2,480 points, or 9.5%. The Nasdaq closed down 7,201 points, or 9.4%.
Donald Trump has done absolutely nothing to prevent this, and, had he demonstrated to the country that he was in charge, was handling it, and was prepared the losses likely would not have been so great.
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I am not even looking at my investment portfolio at all till this is all settled. I know I have lost a metric shitload of money and I just do not care to know how much at all. I will wait till the end of the month.