RT: Wall Street in panic: Dow Jones, S&P 500 plunge 3 percent as oil prices fall

At the moment of publication, the DOW is down 412 points — and for the moment, they are allowing me to use my blog properly 🙂  ~J

Published time: 15 Jan, 2016 18:31 Edited time: 15 Jan, 2016 19:32

© Lucas Jackson

© Lucas Jackson / Reuters

Fear gripped markets on Friday, with the Dow Jones Industrial Index falling more than 500 points. Global stocks suffered in the wake of oil prices dropping below $30 a barrel and sell-offs occurring in the Chinese stock markets.

The S&P 500 fell below its August low of 1,867, trading more than 3 percent lower by midday. The Dow also showed a drop of more than 3 percent, losing over 500 points. The Nasdaq composite lost more than 4 percent during the same period.

The sell-off dashed hopes about stability on Wall Street, coming just a day after US markets had their best day in over a month. On Thursday, the Dow had jumped 228 points, a nearly two percent increase for the day.

The panicked selling was sparked by a nearly 6 percent slide in US-produced crude oil that pushed prices below the critical $30 a barrel mark. Investor anxiety in mainland China compounded global worry, with the Shanghai Composite dropping 3.6 percent.

The Federal Reserve’s recent policy of hiking interest rates may have led financial professionals to sell equities, according to Boom Bust’s Edward Harrison.

“Many analysts look at markets as forward-looking, meaning they rise or fall in anticipation of how earnings and the economy will fare in the future.” Harrison said. “Therefore, many market watchers are taking the recent fall in equity markets in the US and globally are a sign that financial conditions have tightened too much in the wake of the Fed’s first rate hike. This should be a signal to the Fed that its present tightening policy bias now carries significant downside risk both for markets and the real economy.”

As of 1:10 pm EST, the Dow industrial was down 489 points (2.99 percent), and the S&P 500 had dropped 55 points (2.9 percent).

The Dow industrial and the S&P 500 indexes have dropped nearly 9% so far this year, while the Nasdaq has slid by 11%.

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22 Responses to RT: Wall Street in panic: Dow Jones, S&P 500 plunge 3 percent as oil prices fall

  1. swo8 says:

    The chickens have come home to roost.
    Leslie

  2. creamycrackers says:

    Jean, do you really, really think you are being tracked? You’re delusional!

    • Oh wow. Another Instant Psychiatrist Troll. Oh well.

      Hey lookit creamycrackers: Jean ain’t the first nor the only one to be mistreated on the Web by some “vested interest” or other. Take it from an Old Veteran Turtle: In today’s wartime, all tactics are employed. So do tell: Have you yet become aware of any such thing as a US-driven “Full Spectrum Dominance” policy? Or the quiet inclusion of the American populace as legally-defined enemies under the terms of the historic Roosevelt “New Deal” refinancing of a bankrupt nation?

      These things are Public Management Policy RIGHT NOW, y’know. 😦

      Moreover: Are you unaware of the fairly well-paid “Troll Jobs” that DoD and similar USG agencies have created and to this day propagate in service to the Party Line? Do you deny that there is indeed an actual Culture War ongoing, right now, with top-tier War Industry ownership-class parties calling the shots and directing the agenda in their own interest to the exclusion of all others? No such thing? REALLY, Kid?

      Policy, pure and simple. The policies of a l-o-n-g-standing BUSINESS PLAN. Sheer infandous criminal-elite top-down POLICY. Backed by all manner of well-paid POLICE. 😐

      If indeed you are otoh actually, factually and truly innocent of deliberately engaging in the foul trolling-for-cash employment venue, my friend, you are merely media-duped and Very Useful while in that state. Free Help for the Bad People we stand to expose in such places as this is highly prized! (The most effective agents are the Unconscious Ones, y’know.) You have merely stumbled into a living hornet’s nest of Awakened humans and their naturally unshakeable Awakened consciousness, you see. So please: Think about it and wake UP yourself, if this is truly so!

      Elsewise: Begone and go find y’se’f another different bridge to live under, thank you. Learn how to pray (WITH even more than TO) Kind Holy Creator for PEACE and enable your own point of True Will here in this life, OK?

      Now GO. And that is all. 0{:-\o[

      • Jean says:

        I usually don’t let that garbage through, but I was so disgusted . . . and had had enough. . . If you’ll notice, I’m only doing essentially a reading list, and articles on Burns, Oregon. . . That’s all I can handle. . . Thanks, Rev., and hugs, ~Jean

        • Beloved Jean Haines, YT will put up with many forms of denegration and even (for a while only) attempts at defamation. But (especially with the current DSM-4 pathologizing of all manner of NORMAL NATURAL human behavior), I draw the Line. Simply will NOT allow such canards and ill-hearted indignities as THOSE to be forcibly laid against the shins of any friend of Heaven!

          You qualify in spades, Ma’am. Glad to have caught that one. Better to walk by the light of even a single candle than ever to sit still and cursing the darkness, y’know? Hugs and much love back to you across the Virtual Gap! And that is all. 0{:-)o[

  3. creamycrackers says:

    If these people attack your location here why haven’t they simply deleted it?? And please, if you keep saying you’re leaving your blog for a while do it and stop posting all the time. You are either taking a break or not. To say you have to post because it’s too important not too means you will never have a break. Many thanks for reading this before you delete it. Point made though

    • Jean says:

      Judgment! Are you so perfect? I doubt it. Or you just don’t have anything better to do? I doubt it, again . . . Hugs, ~Jean 🙂

    • Alex says:

      Hey creamycrackers…
      Let Jean think what she wants. She has been on earth a long time. Do you think you are making a point calling her delusional. Go home you f&*in troll!!! Leave Jean alone. She is not perfect but she has done her best to try and shed the light of truth as she sees it. What the hell have you done!!??? Just get out of here!!!!!

      • Jean says:

        I just get so sick of these people, Alex. Usually, I leave it behind the scenes, but yesterday – for the moment – I’d had it. Thanks and hugs, ~Jean

  4. Debbie says:

    This should come as no surprise to anyone – a “correction” has been long overdue…the Stock Market is totally manipulated, and I am happy to say most people I know who were burned back in 2008, have stayed out of their game. Too bad for those pensions, but overall I think mostly the 1%ers will take a paper loss….and that is all it really is, most of the regular people never really recovered from 2008.
    Jean, it makes me truly sad to relay to you this post from politicalcraft, I wanted to believe that maybe, just maybe Trump was the real deal, someone to set America on the right course, someone who might really want to work at saving America instead of just continuing to gut her for the parasitic Rothschilds/Israelis mafia. After reading this, I am no longer on the fence,I had read before he is a Freemason.. Sad, very sad – but I think you should see this if you haven’t already. I think you were right all along on Trump:
    http://politicalvelcraft.org/2015/08/30/trump-cruz-to-headline-zionist-mafia-organization-in-america-opposing-iran-for-rothschilds-israel/

  5. Marilyn says:

    I’m wondering what systems there bleeding to just keep, everything afloat.!

    • Jean says:

      Us! Yes, us! The people of the planet! 🙂 Hugs, ~Jean

    • Beloved Marilyn,

      Your question is correctly framed and perfectly appropriate, unlike those of the Troll Gang that’s nippin’ at our friend Jean’s heels whenever she posts something “hot” to this blog. In direct response to your dirtect question, please have a view of Stefan Molineaux’ “Handbook of Human Ownership”, available below via YouTube:

      the which will surely make a number of *inhuman* top-down business practices quite clear in the Light of Day. The reality, you see, is that there is no “conspiracy” being enacted against the Rest of Us these days, odd to be saying, BUT. It really is only a l-o-n-g-standing and highly effective Business Plan.

      So please expect some “Inner Clanging” while and after viewing. But as fast-track shortcuts to comprehending what a formal MBA degree is all about in its essence, one hardly do better in exchange for an hour and a half’s worth of their time imvho. It’s only a question of merchandise and its exploitation.

      After the clanging dies down to an acceptable level, post-viewing, “The Story of Your Enslavement” by the same author (a Canadian fwiw) will most likely fill any remaining gaps in the comprehension with solid historical material suitable for the purpose. Searching YouTube on the terms, {Molineaux enslavement} will bring it up. (“Public Relations” by Edward Bernays holds many key concepts as well; please obtain and read it if you will.)

      So Just Say “NO!” or say “MOO!”, your choice. Or say “BAAH!” if that utterance is more agreeable today… You are free to decide, once fully informed as any adult human (imvho again) deserves to be. You are “free” while living on this farm-planet, y’see! (Well sorta’ but not really unless y’jump a few fences like some of us have…)

      ‘Nother story, that fence-jumpin’ action. Here’s hoping this little offering helps settle things for you! And that is all. 0{;-\o[

  6. For lurking trolls and Clown Gun Operators alike:

    provides additional evidence of the troll-denied top-down harassment protocol under the “radar” as noted above – in real-time from the Burns/Malheur Sit-In as of 1/13/2016 and it ain’t stopped yet. Just sayin’… And that is all. 0{;-\o[

  7. Pingback: Fear And Greed: The Reunion | Robin Hood Revival

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