.ABC NEWS SPECIAL REPORT: The Dow Jones plunged 800 points amid concerning economic indicators—the steepest drop yet this year.
Global economy data apparently triggered drop in Dow Jones Industrial Average.
The tumble followed a series of concerning economic indicators from Germany and China, signaling renewed recession fears in the global economy.
The S&P 500 also fell by more than 85 points and the Nasdaq slid by more than 240 points.
But new data from China indicated Wednesday that the country's factory output of goods, retail spending and investment weakened in July.
On Aug. 5, the Dow closed down 760 points, or about 3%. The tumble came after China's central bank allowed its currency, the yuan, to fall to its lowest level against the U.S. dollar in more than 10 years.Read more: ABC News
DavidMuir DavidMuir If all the corporations who ship U.S. jobs overseas would bring them all back to America there would be no 'possible recession'. SpicyTricia DavidMuir Comrade emperor will find a scapegoat. NewsRadio930 DavidMuir MSM can’t beat President Trump with Russia, other asinine narratives so let’s attack the economy Interesting that LIBERAL BILL MAHER repeatedly advocated pushing a recession to hurt the President NOW THE MSM IS PUSHING THE SAME 💩
DavidMuir Stop your GD pearl clutching. Everyone, and I mean from smartest person to dumbest, everyone knew he would crash the market! Seriously, he's filed for bankruptcy more than any human alive. Multiple failed businesses including a casino! A fucking casino! Who does that? 🍊🤡👈👈! DavidMuir DavidMuir So POTUS bankrupted his companies and now he’s doing the same to the US. Art of the deal doesn’t work when his buddies are in jail or being investigated. TrumpRecession ImpeachDonaldTrumpNOW
DavidMuir What we are seeing is a mirror image of Donald Trumps life The ebb and flow of the big win to a bigger loss. That’s his business model, so many knew but yet here we are. He is turning America into the Taj Mahal DavidMuir DavidMuir 🤷♀️🤷♀️🤷♀️Did Hillary predict this? HillaryClinton DavidMuir I new something was going to happen because Walmart with up on there prices on food, I'm like all that money for some cheese, not today Satan, not today
Dow tanks 800 points in worst day of 2019 after bond market sends recession warningStocks plunged in the worst trading day of the year. The U.S. bond market flashed a troubling signal: a yield curve inversion, which is a reliable indicator of economic recession. The Dow fell 3.05% as the S&P slid 2.93% and Nasdaq, 3.02%. END THE FED. The central bank Printing money out of thin air for decades!! . AUDIT THE FED imo... Hey Donnie realDonaldTrump how this trade wars workingbout for ya? dowjones Remember diversification is most important in the market!
DavidMuir Trump the greatest financial mind ,so much dealing in debt. LadySif2017 DavidMuir gdirtydime DavidMuir Ain’t this Great!! Racism on the rise. Farmers starving. Economy about to crash.TrumpRecession LadySif2017 DavidMuir New signs? What have they been looking at then?! TerryMoran White House has just announced a plan.....
TerryMoran We are finally seeing the results of the realDonaldTrump economy, after riding on the coat tails for 2+ of President Obama's economic success. TerryMoran 美国太牛逼了！ TerryMoran realDonaldTrump FAULT so, they're gonna blame Obama and Hillary for this? I'll wait... ALL TRUMPS FAULT realDonaldTrump that’s right destroy the country
Dow drops 600 points as roller coaster in markets continuesMARKETS: Dow Jones plummets more than 600 points as new concerns arise over data on global economic growth. pump and dump scam for the whales? V GOP: The economy is going down, we need to lower taxes on the rich so we can stimulate the economy! .......but hey....... ........don’t blame the riots in China....... .......ok? 😘
TerryMoran couldn't be the world's economy is slowing down... nah, not that at all ;) JaybeeStewee TerryMoran Trump having Twitter breakdown screaming, 'CRAZY INVERTED YIELD CURVE!' sure ain't helping. KTNV TerryMoran Bring it own , we need to wake up .We need to the rejected Cheeto out of the White House .
THE CRIMINAL RACIST RAPIST IN THE WHITE HOUSE IS BANKRUPTING AMERICA! Wait for it...Trump and the GOP will find a way to blame OBama or Hillary. TerryMoran Everything is fine but keep hyping it TerryMoran 'Stable genius'. TerryMoran trump’s idiocy coming home to roost. TerryMoran I’m tired of winning DavidMuir You’re right, the winning is exhausting.
Dow drops more than 700 points as roller coaster in markets continuesThe Dow Jones Industrial Average plummeted more than 700 points on Wednesday as new concerns arose over data on global economic growth. The tumble followed a series of concerning economic indicators from Germany and China , signaling renewed recession fears in the global economy.
Everything trump touches dies. DavidMuir This is like the Futurama episode where the orange haired idiot just won't shut up. Maybe when the few of his supports with 401k accounts see them crater they will smarten up. Not likely though. TrumpRecession Just saying So much winning! Money pouring into the Country.
Well at least we're winning big-time against China, so it hasn't been a completely bad day. 🤦🏽♀️ Just cancel Christmas
Dow tumbles 700 points after bond market flashes a recession warningThe Dow slid more than 500 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions. Stop messing with China and let the immigrants stay! Almost time to buy. America is still the worlds best place to place park your money. Winning!
Dow sinks 730 points Wednesday afternoon as flashing recession signal rattles stock marketThe Dow Jones Industrial Average was trading at session lows on Wednesday morning as investor anxieties about a recession in the U.S. and elsewhere hurt... Well........NO SHIT!!! Thats what brokers get for trusting a moron in chief!!! People worry too much about short term moves, up 25% since inauguration, S&P 500 seems to be heading back to May numbers The treasury market (inverted or flat yield curve) is certainly signaling a coming recession. However, this is not a 100% certainty. The US large cap stocks have been plowing forward for several months. Earnings have been OK. Panic selling is rarely a good strategy. Stay tuned!
The hottest Dow stock this month may be ready to take a tumble, traders warnThe hottest Dow stock this month may be ready to take a tumble, traders warn $MCD (via TradingNation) TradingNation Buy $MCD. Don't trade it.