The markets ended down today on poor earnings and bad news from the Fed
The markets ended down today on poor earnings and bad news from the Fed. The Dow Jones Industrial Average fell 35.99 points down .29 percent. The Nasdaq was down 16.07 down .68 percent. The Fed is concerned about a severe and prolonged business downturn. This is very bad news for the economy.
Categories: Uncategorized
Why would a DOW drop of 39.99 be bad? It fell 400 in a single day before so I am curious. I am not really that concerned with the drop in the market, we were long overdue with all the hyped up plays in the past 10 years so it is just a matter of time.