TV News LIES

Saturday, Apr 04th

Last update06:46:49 AM GMT

You are here News Economy Dow tumbles again, nearly wiping out gains of Trump’s presidency

Dow tumbles again, nearly wiping out gains of Trump’s presidency

E-mail Print PDF

Stocks wipe out all gains in Trump eraThe Dow Jones Industrial Average fell 6 percent on Wednesday under the 20,000 level, nearly erasing the iconic index's previous gains since President Donald Trump's inauguration and jeopardizing a key talking point for his reelection campaign.

Earlier in the day, the S&P 500 dropped so steeply that it triggered a market-wide suspension of trading for 15 minutes.

The plunge underscores the risk Trump took in tying his presidential reputation to stock prices, which can fall as easily as they rise, and in any case are only one indicator of the health of the economy.

More...


Most Recent Related Stories...


US weekly jobless claims double to 6.6 million

Jobless claims double to 6.6m Amid the COVID-19 coronavirus crisis, weekly unemployment claims just once again reached a shocking new high. The...

U.S. markets sharply turn after three straight days of gains

US stocks signal steep decline U.S. markets plunged deep in the red Friday morning, interrupting a stellar three-day run and offering...

Trump signs $2T coronavirus relief package

Trump signs $2T coronavirus bill President Trump on Friday signed a bipartisan $2 trillion economic relief package aimed at helping American...

Jobless claims soar past 3 million to record high

jobless claims top 3.3 million Americans displaced by the coronavirus crisis filed unemployment claims in record numbers last week, with the...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!