Wall Street ends lower as Nasdaq rout persists

At its lowest point of the day the tech-heavy Nasdaq fell as much as 9.9% from its record high reached on Wednesday and the S&P 500 dipped briefly below its pre-crisis record, reached in February, although it too closed well off session lows.

“Corrections like this have been quick and severe lately. We don’t know if its over,” he said. “The fact we stabilized today could be a good sign.” The Nasdaq had powered the stock market’s stellar recovery from the coronavirus-led crash, climbing as much as 82% from March lows. The benchmark S&P 500 and Dow had surged about 60% from their troughs.

The Dow Jones Industrial Average fell 159.42 points, or 0.56%, to close at 28,133.31, the S&P 500 lost 28.1 points, or 0.81%, to 3,426.96 and the Nasdaq Composite dropped 144.97 points, or 1.27%, to 11,313.13. Some fund managers have warned that the declines could be a preview of a rocky two months ahead of the Nov. 3 presidential election as institutional investors return from summer vacations and also refocus on potential economic pitfalls.

FILE PHOTO: The front facade of the New York Stock Exchange is seen in New York City, New York, U.S., June 26, 2020. REUTERS/Brendan McDermid

All countries commercial interactions are important.🇨🇳🇷🇺🇪🇺in a multipolar🌍🌎🌏it's absurd in part of politicians try to isolate any country.

So the Einstein's of Financial Engineering are being out-engineered? The LAST DAYS of Financial Engineering may be at hand.... (When everyone can do it, it won't be advantageous!)

Wall Street is Fake

Bit of this and that but if DonaldTrump gets voted out all my Shares will go within 10 minutes.

in this pandemic you better speak of Fraud Street. There's something very wrong over there.

There's some shady shit going on

GREED INC.

When making money became too easy

Trump Depression.

Google indictments coming

The minor correction causing a minor rebound as seen by small investors as an opportunity to get in before its too late. And maybe it is too late. There is little value in overpriced stock, but how would the unsophisticated non-knowing know?

So, how much of our Taxpayer money did Mnuchen Lose this week trying to shore up the Market for Trump?

This message was intended for people who can afford food and have money left over to invest. The stock market is a reflection of rich people's whims, nothing more.

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