We end this week with a down Dow, a nasty Nasdaq, a sinking S&P and a receding Russell. Ummm.......Merry Christmas?
Dow suffers worst week since 2008 financial crisis; Nasdaq closes in bear market
https://www.cnn.com/2018/12/21/inves...dow/index.html
How low will it go before this year ends. Unbelievable...........
What is that old saying? "Never ask questions that you don't want to hear the answer to." But, since you asked.......Originally Posted by Nazareth
Dow dives 653 points, S&P 500 enters bear market: worst Christmas Eve ever
CNBC, Dec 24 2018
US stocks plunged today in their worst Christmas Eve trading ever, as the S&P 500 entered a bear market. The Dow Jones Industrial Average dropped by 653 points, more than 2%, in volatile trading, falling below 22,000. The S&P 500 fell 2.7% percent, slipping into a bear market as it fell 20.06% from recent highs. Wall Street traditionally considers a drop of 20% or more from recent highs to be a bear market. The Nasdaq Composite Index slid 2.2%.
Last week the Dow lost 1,655 points, or 6.8%. That was the Dow’s worst week of trading since October 2008 during the financial crisis. The S&P 500 also lost 7% for the week. The Nasdaq Composite is now 22% below its record reached in August and is in a bear market.
December is typically a buoyant month for stocks. Yet both the Dow and S&P 500 are down more than 14% this month and are on track for their worst December performances since the Great Depression of 1931.
https://www.msn.com/en-us/money/mark...mC0r?ocid=AMZN
A popular song written by Frank Loesser in 1947 asks, "What are you doing New Year's Eve?" If you're an investor, you're probably spending this New Year's Eve crying.
2018 was the worst for stocks in 10 years
CNN, Dec 31 2018 4:28 PM ET
2018 was a record-setting year for stocks but it's one investors would rather forget. The Dow fell 5.6%, the S&P 500 was down 6.2% and the Nasdaq fell 4%. It was the worst year for stocks since 2008 and only the second year the Dow and S&P 500 fell in the past decade. (The S&P 500 and Dow were down slightly in 2015 but the Nasdaq was higher that year.) December was a particularly dreadful month: The S&P 500 was down 9% and the Dow was down 8.7% — the worst December since 1931.
https://www.cnn.com/2018/12/31/inves...day/index.html
Another Year for Sirius XM. Amazing!
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