The US stock market is set for an absolute rout Monday, with futures pointing to an ugly open: The Dow is set to open 1,000 points lower

[Harpy Eagle]

The Biden/Harris great economy is going down in flames. Massive rout coming.

The Dow is set to open 1,000 points lower​

https://www.cnn.com/business/live-news/global-stock-markets-plunge/index.html

The market is no place for snowflakes.

 

[Frankenstein]

More tax cuts for the billionaires will fix this problem.

Actually less egregious spending in the Ukraine!

 

[ozro]

The war will bring the economy back. Of course some people won't be here to see it.

 

[jknowgood]

Well it is an election year. What happens when in 2 weeks things are fine again?

We will see.

 

[Justin Richardson]

Hey, I have a question I would like to pass along...

I was told if the Dow drops more than 5%, they would halt the market for 15 minutes - or as they say, but on the breakers on.
Does this happen to the Nasdaq, as well?

Right now, it is at 3%. So, by any chance the Nasdaq drops to 5%, will they halt the markets for 15 minutes?

I wasn't sure if they did it just for the Dow, or all...

 

[leftwinger]

When older peoples savings (401K IRA) drop big time like 2008-2012 33% or more, it is painful and scary. They may already be living on those savings or soon will be.

Do they have enough years to live frugal and hope it gets back to even? A 33% drop on $1mil leaves them with $667K.

To get back to $1Mil the market must increase $333K or need to increase ($1mil/$667K) - 1 = 49.9%. Just to get back to even. That amount takes 5 yrs or so in normal times.

Enjoy your handiwork seal, care, blackgatermacpeeKkknobs citysheeatygater duhdanny

 

[leftwinger]

Hey, I have a question I would like to pass along...

I was told if the Dow drops more than 5%, they would halt the market for 15 minutes - or as they say, but on the breakers on.
Does this happen to the Nasdaq, as well?

Right now, it is at 3%. So, by any chance the Nasdaq drops to 5%, will they halt the markets for 15 minutes?

I wasn't sure if they did it just for the Dow, or all...

There are flash crash rules, yes. I thought set at 10%? To stop the Computers auto-trading the market down to zero.

Good news is the Politicians all got out last week early on. Whew! Im so glad fancynancy and kerry got a heads up.

 

[Darkwind]

Down 1,062 as of 10:35 am today.

They may have halted trading.

 

[leftwinger]

Market-wide circuit breakers provide for cross-market trading halts during a severe market decline as measured by a single-day decrease in the S&P 500 Index. A cross-market trading halt can be triggered at three circuit breaker thresholds—7% (Level 1), 13% (Level 2), and 20% (Level 3).

 

[Justin Richardson]

There are flash crash rules, yes. I thought set at 10%? To stop the Computers auto-trading the market down to zero.

You're right! I thought, it was 5% - flash crash. But it is 10%.

 

[Justin Richardson]

Market-wide circuit breakers provide for cross-market trading halts during a severe market decline as measured by a single-day decrease in the S&P 500 Index. A cross-market trading halt can be triggered at three circuit breaker thresholds—7% (Level 1), 13% (Level 2), and 20% (Level 3).

Okay! I wasn't sure if it was just the Dow, if it dropped 5-10%...or the Nasdaq, too!
Back in 2020 - March 3rd, to be exact....it was almost halted twice in one trading day! The day the Dow dropped 2100 points!

 

[scruffy]

Still adding jobs.

HORSESHIT

Every major employer is laying off.

 

[Harpy Eagle]

None of the markets are down even 3% right now.

You snowflakes need to take a few deep breaths and pray a little harder

 

[scruffy]

None of the markets are down even 3% right now.

You snowflakes need to take a few deep breaths and pray a little harder

Nikkei is down 12%, you idiot
Damn you leftards are stupid.

 

[Harpy Eagle]

Down 1,062 as of 10:35 am today.

They may have halted trading.

take a deep breath snowflake, it is not even down 3%

 

[Harpy Eagle]

Nikkei is down 12%, you idiot
Damn you leftards are stupid.

I do not give a fuck about the markets in Japan, I am talking about the markets I am invested in.

Even you cannot really be this fucking stupid

 

[SassyIrishLass]

I do not give a fuck about the markets in Japan, I am talking about the markets I am invested in.

Even you cannot really be this fucking stupid

You don't trade if you don't care about global markets

 

[Harpy Eagle]

You don't trade if you don't care about global markets

I am only invested in a few international stock funds and none of them are on the Nikkei. Japan has been in trouble for a while.

But sure, I do not do much trading, that is what I pay a financial advisor for.

 

[SassyIrishLass]

I am only invested in a few international stocks and none of them are on the Nikkei

But sure, I do not do much trading, that is what I pay a financial advisor for.

Keep paying your advisor you're clueless

 

[Harpy Eagle]

Keep paying your advisor you're clueless

this from the snowflake pissing her panties over a 2% drop in the markets!