I agree with Zandy, this just shows how fragile this market is. It is ready drop on any kind of rumor....
I don't agree. This kind of news is in general used to push the market and make a quick ride. People see the news and the reaction of the market. Because of doubt all the sheep jump in panic in the same direction so that the initiators can take a big profit. When the panic is over they push the market back where it came from. Behavioral finance.
you don't know what news pushed the mkt. down. it could be a delayed reaction to some prior news. it makes for good financial reporting by the screaming heads.
From what I can piece together, the money trail between Trump and the Russians is where you really want to look. Based on what I have been reading, I do think that the Trumps needed access to money, and they got it from the Russians. Any time money is involved, it leads to other things, like pay back, that sort of stuff. Even if there doesn't appear to be collusion in regards to the elections, it seems pretty obvious that the Trumps want to maintain very close relationship with the Russians for personal gain, and had it been any other president, the Russians would be under very close scrutiny. If Russia is or ever will be a threat to the US, or to the rest of the world, Trump cannot be counted upon to do the right thing because of his financial involvement with them. This creates a huge conflict of interest which the president should never have. It appears that he does more to protect Russia than to protect the US because it serves his financial interests.
Sure we do, it went down right after the revelation. But you could be right and it was a delayed reaction to the storms around Eastern, anyting is possible in fertile minds...
Today in history: " On this date July 11th, 1974 that The House Judiciary Committee released it's evidence on the Watergate inquiry." The more you know...
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%% I see your points but retail, like TGT got hit hard.LOL But that's more related to 1973-74 downtrend earnings......... LOL