Dow whipsaws as market volatility continues

[Yo_Mama_Been_Loggin]

Stocks fell again in volatile trading Thursday, a day after the major indexes suffered steep losses sparked by higher rates and a sell-off in tech shares.

The Dow was down nearly 300 points in the last hour of trading, after sinking more than 600 points earlier, bringing its two-day losses to more than 1,100 points. The S&P 500 dropped 1 percent and was on pace for a six-day losing streak. The broad index also broke below its 200-day moving average for the first time since May. The Nasdaq was down 0.25 percent after falling more than 1 percent earlier.

Tech shares fell more than 4.5 percent Wednesday, marking their worst day since 2011. The sell-off led to the Dow sinking more than 800 points and the S&P 500 dropping more than 3 percent. It was also the 28th time since 2011 the S&P 500 posted a more than 2 percent decline, according to data from Birinyi Associates.

https://www.msn.com/en-us/money/markets/dow-falls-again-bringing-2-day-losses-to-more-than-1000-points/ar-BBOdjtJ?li=BBnbfcN

[saidsimplesimon]

1. The Dow closes before 5PM?

The Dow was down nearly 300 points in the last hour of trading

[GusBob]

2. I think they mean

In the last hour before the report was filed, not the last hour of the day.

I think the Dow closes at 4pm EST?

[Achilleaze]

3. Trump Slump (R)

sucks

[BootinUp]

4. Confidence is high that Trump has lowered market confidence.

[Brother Buzz]

5. 45 point drop the last four minutes of trading

The Fat Cats tried real hard to keep it above 500 at the closing, but failed