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Dow Jones Plunges To A Greater Extent Than Than 600 Points; Worst Christmas Eventide Downside Action-- Ever
Following to a greater extent than tweets from President Trump attacking the Federal Reserve Board in addition to Fed chairman Jay Powell, in addition to odd crisis actions yesteryear Treasury Secretary Steven Mnuchin, including convening today via conference telephone phone the Plunge Protection Team, the stock marketplace position has reacted alongside to a greater extent than declines.
The S&P 500 index brutal yesteryear 2.7% Monday, marking the showtime Christmas Eve that the index has taken a loss of 1% or greater — ever.
The Dow Jones Industrial Average finished downward 653 points, or 2.9%, representing its worst such spend upwards on this twenty-four hours inwards the 122-year-old blue-chip index’s history.
The same downside activity occurred alongside Nasdaq Composite Index, alongside the benchmark logging a 2.2% loss, marker the worst Christmas Eve drib for this index, alongside the side yesteryear side worst drib the 0.95% spend upwards logged inwards 1973.
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Following to a greater extent than tweets from President Trump attacking the Federal Reserve Board in addition to Fed chairman Jay Powell, in addition to odd crisis actions yesteryear Treasury Secretary Steven Mnuchin, including convening today via conference telephone phone the Plunge Protection Team, the stock marketplace position has reacted alongside to a greater extent than declines.