Dow swings 600 points after Trump rejects stimulus plan

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US stocks take a dive after Trump says he has ordered an end to stimulus negotiations until after the November election

The Dow swung more than 600 points following the announcement and was down 1.2%, or some 350 points, with about half an hour left in the trading day. The S&P 500 tumbled 1.3%, and the Nasdaq Composite was down 1.4%."I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business," Trump tweeted.

The Stock Market is at record levels, JOBS and unemployment...also coming back in record numbers."His decision deals a major blow to those hoping for more stimulus deal to help the country get through this crisis. For jobless Americans, it means they will have to make ends meet with less money than at the start of the crisis, when the government provided a $600 weekly supplement to boost benefits. These benefits ran out at the end of July.Read MoreThis is a developing story.

 

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Jui zindabad

Prepare to lose and leave shit for the dems..

Here is the complete truth behind this news :

Remember all those times you complained about the US sending money to other countries and getting involved? Methinks the tables will be turning.

Well, that happens when you’re married.

He's fucking up all me calls! 🥺😞

Who gives a rats ass about stocks ,,how am I gonna feed my kids

That’s not how it works? The Dems weren’t negotiating with the CovidKing realDonaldTrump they were negotiating with his GOP minions. The Executive Branch can’t tell the Legislative Branch to stop legislating and more then it can tell the Judicial Branch to stop judging?

He's losing and he's punishing all of us for it.

Trump is determined to bring America to its knees. That won't fu**ing happen! He MUST go in November. VoteHimOut VoteBidenHarris2020

Somebody needs tell Congress we the people are demanding they serve the people!!!

That's what happens when you have a president that really could care less about people in need. So sad he has NO sympathy for what is REALLY going on in our country.

I’d love to see conservatives view on this, for shits and giggles. Time to head to reddit.

This is what Trump does. He is down in the polls and could seriously lose reelection. He is mad and it's his way to seek vengeance. So many Americans are struggling right now, but it's more important to him and Rs to appoint a judge to the SC.

It's not Trump talking, it's the steroids. 😏

He really gave us $1200 to survive a pandemic. Lol

Dreaming every day: November 4th, 2020. cnn has title with huge (enormously huge) letters - YOU ARE FIRED!

Wonder how many stocks tRUmp Inc 'shorted' before making this thought a reality? CREWcrew VOTE COVIDIOT45 ✊💀 tRUmpIncompetenceKills ⚰️ TrumpLiedPeopleDied ✊💩 Coronavirus2ndWave ⚰️⚰️ NationalEmergency Covid_19 ☣ tRUmp4Gitmo🇷🇺⛓️🔐🇨🇺

Some deal maker!!

Pelosi has been stalling for so long that Trump doesn't really have a choice!

MadKingTrump

POTUS says he will give a stimulus check after he WINS. I hear a threat to voters...just saying.

Hahahaha this gets more comical by the day! He knows he’s gonna lose so he figures F&ck it. “It is what it is”

Every person that has lost their job, business, lost a loved one to the virus, for every person that have been tested (negative or positive) & ALL future test/death should sue this administration for the cost & pain & sheer disregard for their lives!!

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