By Michael Snyder On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow … Continue reading
What has been happening on Wall Street the past few days has been nothing short of stunning. By Michael Snyder On Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a half, and investors are starting to panic. Overall, the Dow is now down … Continue reading
Originally posted on TIME:
The uncertainty surrounding Greece’s ongoing debt crisis choked global markets on Monday, extending recent losses for the world’s stock exchanges. The Dow Jones Industrial Average closed the day down 350 points, or 2%. The S&P 500 dropped 2.1%, ending the day at 2,058 points. Meanwhile, the tech-heavy Nasdaq composite was hit…
“Emirates Airline and Group celebrated the listing of a $913m sukuk (Islamic bonds) in Dubai’s stock market early Wednesday,” Daily News Egypt reports. “The listing brings the total value of Sukuk listed on Dubai’s exchanges to $34.96bn,” the company said in an official statement. The company added that this “reinforces Dubai’s position as an international … Continue reading
“The Nasdaq has soared 285 percent, the S&P 500 is up nearly 210 percent and the Dow industrials have surged 172 percent since the market bottomed on March 9, 2009. That was when it looked like the world was ending and the stock market was little more than a black hole that countless dupes had … Continue reading
Is this the end of the last great run for the U.S. stock market? Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market crashes? By Michael Snyder Throughout 2014 and for the early stages of 2015, stocks have been on quite a tear. Even though the … Continue reading