What started out as a bad day has become a terrible day
What started out as a bad day has become a terrible day. The Dow Jones Industrial Average fell 362.14 points down 2.6 percent and the NASDAQ fell 64.29 points down 2.25 percent for the day. The Federal Reserve cautioned that rate cuts may stop to prevent inflation. The economy is slowing and investors are scared. The Fed threw forty one billion dollars into the United States financial system but this was of no help. My holdings plummeted today with many loosing over 3 percent and overall I lost 2.65% for the day errasing the past 3 months of gains.
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