Category: Plunge

The Dow Just Took a Brutal Plunge – And You Can Probably Guess Why
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The Dow Just Took a Brutal Plunge – And You Can Probably Guess Why

The Dow Jones fell sharply on Wednesday. The stock market appears to be responding to virus infection spikes in many U.S. states. “Back to normal” stocks like Boeing and Disney plunged, while defensive investments like Walmart held relatively steady. The Dow Jones Industrial Average (DJIA) collapsed on Wednesday, thrusting all 30 of its stocks into…

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Dow Futures Plunge 500 Points after Scary New Wuhan Report
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Dow Futures Plunge 500 Points after Scary New Wuhan Report

The Dow Jones Industrial Average (DJIA) plunged 650 points on Thursday. Coronavirus cases spiked higher again in Wuhan – the epicenter of the outbreak – dashing some hopes of containment. California declared a state of emergency after reporting its first COVID-19 fatality. The Dow Jones Industrial Average (DJIA) soared to its second-largest points gain in…

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10% Plunge In Stocks ‘Looking Much More Probable’ as Coronavirus Spreads – Goldman Sachs
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10% Plunge In Stocks ‘Looking Much More Probable’ as Coronavirus Spreads – Goldman Sachs

Analysts at Goldman Sachs believe the market may be underestimating the impact of coronavirus on corporate earnings and economic growth. The novel disease has infected nearly 76,000 people, killing 2,130 in the process. Some scientists believe the actual infection rate is much higher. U.S. stocks closed at record highs on Wednesday, with the S&P 500…

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Tesla’s 17% Plunge is Just the Beginning – Expect More Pain
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Tesla’s 17% Plunge is Just the Beginning – Expect More Pain

Shares of the electric car maker dropped big time yesterday. TSLA recorded its three largest daily trading volumes over the last three days, which indicates that the stock has topped out. Other traders claim that it is too early to say whether TSLA’s parabolic run is over. Tesla (TSLA) shocked investors yesterday as it plunged…

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Dow Futures Plunge but History Awaits ‘Spectacular’ 20% Stock Pump
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Dow Futures Plunge but History Awaits ‘Spectacular’ 20% Stock Pump

The Dow Jones Industrial Average (DJIA) plunged 152 points on Thursday. The drop comes despite the Federal Reserve’s generous 0.25% cut in the benchmark interest rate yesterday. The third cut in as many meetings. Historically, the stock market has returned 20% in the 12 months after a triple-cut. The Dow Jones Industrial Average (DJIA) suffered…

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Dow Futures Plunge as 2008-Crisis Parallels Loom Large
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Dow Futures Plunge as 2008-Crisis Parallels Loom Large

Dow Jones Industrial Average (DJIA) futures suffered another collapse in early trading Wednesday, pointing to a weak stock market open. As US manufacturing data falls to a fresh decade-low, traders are battling with yet another throwback to the 2008 financial crisis. A handful of warnings are now flashing red. Weak manufacturing, Federal Reserve intervention, housing…

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Dow Futures Plunge as Reeling Europe Descends Into Crisis
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Dow Futures Plunge as Reeling Europe Descends Into Crisis

Dow Jones Industrial Average (DJIA) futures struggled for traction in early trading Monday, pointing to a weak stock market open on Wall Street. The plunge follows European markets lower as a cocktail of problems push the eurozone into crisis. What a way to start the week. In a matter of hours on Monday morning, Thomas…

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Dow Futures Plunge After Drone Attack Shocks Oil Market – CCN.com
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Dow Futures Plunge After Drone Attack Shocks Oil Market – CCN.com

Dow futures plunged nearly 150 points after a drone attack on Saudi oil infrastructure shocked the global energy market. | Source: AP Photo / Richard Drew Dow futures pointed to heavy losses at Monday’s opening bell after a devastating drone attack on Saudi oil production infrastructure shocked the global energy market. Dow Futures Dive Nearly…

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