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Dow drops nearly 500 points to close at new low for 2022 - Printable Version

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Dow drops nearly 500 points to close at new low for 2022 - theold - 25-09-2022

https://www.cnbc.com/2022/09/22/futures-inch-higher-following-another-day-of-losses-after-fed-rate-hike-sell-offs.html


RE: Dow drops nearly 500 points to close at new low for 2022 - Teeth53 - 25-09-2022

Yes... Clapping global recession.

The Dow Jones Industrial Average tumbled 486.27 points, or 1.62%, to 29,590.41. The S&P 500 slid 1.72% to 3,693.23, while the Nasdaq Composite dropped 1.8% to 10,867.93.


The Dow notched a new low for the year and closed below 30,000 for the first time since June 17.


RE: Dow drops nearly 500 points to close at new low for 2022 - sgbuffett - 25-09-2022

Global Recession.
US earnjngs slump.
US housing market slump.

The bottom is far away.


RE: Dow drops nearly 500 points to close at new low for 2022 - theold - 25-09-2022

It is a currency war. The US is trying to take as much currency out of the system as fast as possible. India and China are not using USD for oil trade with Russia.