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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Dow Jones and the S&P 500 just experienced their worst day since June
As COVID-19 cases climb in the United States, the Dow Jones Industrial Average and the S&P 500 just took a dive during their worst day in several months.
The Dow on Wednesday fell 943 points as the S&P 500 dropped 3.5 percent, the worst day for each since June 11, CNBC reports. The Nasdaq Composite also had its worst day since early September, dropping 3.7 percent, according to CNN.
Less than a week ahead of the 2020 presidential election, the Dow is "down nearly 9 percent since Sept. 2.," The Washington Post writes.
This comes as the U.S. has been seeing an uptick in COVID-19 cases, recently setting a record for most new infections reported in one day with over 83,000. Dr. Anthony Fauci, the nation's top infectious disease expert, this week warned that the U.S. is "getting worse and worse" and that "the numbers speak for themselves."
https://www.yahoo.com/news/dow-jones-p-500-just-211045422.html
Heckuva job Trumpy.
captain queeg
(10,247 posts)But its always been his go to brag. If market keeps tanking what else will he brag about? Besides defeating covid of course.
smirkymonkey
(63,221 posts)It is the perception of what a plummeting stock market means that will matter to people. It will shake their faith in him. It will eventually correct itself, but I would be very happy if it continues it's downward trend until at least Tuesday at the closing bell.
captain queeg
(10,247 posts)Then a rebound after Joe wins. That would relly get to agent orange.