Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProudMNDemocrat

(20,817 posts)
Fri Mar 6, 2026, 12:14 PM 21 hrs ago

Dow Jones trading is showing a downward spiral amid Iran War and Oil prices.

Since closing bell yesterday at 47,954.74, the DOW is currently at 47,334.75
−619.99 (1.29%)today as of 12:15 EST.

Watch this space. Those with 401k's invested, are in for a bumpy ride.

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Dow Jones trading is showing a downward spiral amid Iran War and Oil prices. (Original Post) ProudMNDemocrat 21 hrs ago OP
Fear will surface every Friday going in to the weekend bucolic_frolic 21 hrs ago #1
The DOW might be the only thing to save us from a forever war Johonny 21 hrs ago #2
;--{).... Goonch 20 hrs ago #3
Erratic trading taking place. Still down 1.28%. ProudMNDemocrat 20 hrs ago #4
"Buy the rumor. Sell the war." GreatGazoo 20 hrs ago #5
About time for a correction OC375 19 hrs ago #6
Greedily, this dip is good for me Johnny2X2X 19 hrs ago #7
My late husband invested wisely for these times. ProudMNDemocrat 15 hrs ago #8

bucolic_frolic

(54,812 posts)
1. Fear will surface every Friday going in to the weekend
Fri Mar 6, 2026, 12:19 PM
21 hrs ago

because anything can happen over the weekend in the war. A pattern to watch for.

ProudMNDemocrat

(20,817 posts)
4. Erratic trading taking place. Still down 1.28%.
Fri Mar 6, 2026, 01:01 PM
20 hrs ago

What is the prediction that the DOW will close even lower?

GreatGazoo

(4,548 posts)
5. "Buy the rumor. Sell the war."
Fri Mar 6, 2026, 01:08 PM
20 hrs ago

as the saying goes but that only worked for oil futures. Stocks not down nearly what they would be. Monday dip was bought instantly. QQQ (Nasdaq) was $602.10 on Monday and it is $603.60 right now, basically flat.

Oil has finally spiked but I many things can reverse that: end of Russian oil sanctions, more Venezuelan oil pumped and refined, more Canadian supply, a cease fire announcement, etc. LNG was the only surprise and that hurts UK/EU more than it does the rest of the world.

Johnny2X2X

(24,041 posts)
7. Greedily, this dip is good for me
Fri Mar 6, 2026, 02:20 PM
19 hrs ago

Got our bonus today, that means a good chunk goes in my 401K Monday, around $8K total. The more it falls, the bigger the bargain for me.

But we're looking at a serious downturn, the jobs numbers spell doom for working people. I am hedged against risk in the funds I am in, and I have 10 years to recover modest losses. Unless you're very close to retirement and way too heavy in equities right now, just be patient. Stay the course, a Democrat will come in and rescue the economy, they always do.

ProudMNDemocrat

(20,817 posts)
8. My late husband invested wisely for these times.
Fri Mar 6, 2026, 05:49 PM
15 hrs ago

I met with my financial advisor the other day and he showed me the graph that even during these times of great uncertainty, I will be just fine. My late husband looked out for me.

Others may not be so lucky. Still with closing bell, lower than yesterday.

Latest Discussions»General Discussion»Dow Jones trading is show...