Dow falls nearly 200 points

[question everything]

Source: CNN

The Dow was down nearly 200 points, or more than 1%. The S&P 500, and Nasdaq also were off by about 1%. All three indexes were up in earlier trading.

Wall Street is waiting to see what happens in Sunday's Crimean referendum on joining the Russian Federation, and what that outcome may mean for markets.

In addition, China announced that retail sales and industrial production were both worse than expected and that helped add to worries that the story out of China won't be a good one for investors anytime soon

(snip)

The China and Ukraine concerns overshadowed a report by the U.S. government that retail sales in February were up 0.3%. This was the first increase in three months as consumers bought more autos and clothing. On the jobs front, initial unemployment claims fell by 9,000 to 315,000, a three month low.


Read more: http://money.cnn.com/2014/03/13/investing/stocks-markets/index.html

[a kennedy]

1. I really only started paying attention to the Dow when it lost those 500 points in 1987

and they called it Black Monday.....but I don't remember in all the time from then to now that the Dow has been so volatile.....d*mn.

[louis-t]

5. Then you weren't looking when there were swings of 1,000 points

in one day during the bush years. I think it happened a few times.

[jakeXT]

6. Remember 2008 ?

http://www.infoplease.com/business/economy/declines-dow-jones-industrial-average.html

[Purveyor]

2. China is the biggest factor in this sell off. eom

[Iliyah]

3. Oh well, hows that trickling down thingy going on huh

It ain't happening. 1-2%ers are hogging the wealth. Maybe there is a omen - did I read where there is a 7th banker committing suicide.

Bring the jobs back to the USA - made in America!

[Orrex]

4. Don't worry

I'm sure that the 99% will get more than their fair share of the losses.

[question everything]

7. Wall Street bonuses hit an all time high (nt)

[FrankFarmerMan]

8. I don't pay attention to the DOW, S&P, or Nasdaq. They mean nothing to me.

Vanguard deals in that shit for me.

I invest in gold and silver, $1370.70 and $21.18 respectively at the moment. I only buy low and hold until I hit a high, which means $1600 and $30 respectively at this point.

As for investments, I stick with wind, solar, and geothermal. I buy the stocks that are declining and I just hold. They will all eventually grow as fossile fuels decline. It may take twenty years, but I've got hundreds of thousands of stocks invested in the industry and am making money off of them. Some of them float for $0.0045 or less. I'm not making a lot (yet) but at least I'm ahead in stock value.

The indexes include toxic waste, nuclear dumps, Koch Industries, and a lot of other shit you really don't want to be invested in. I trust Vanguard because they have a policy of being ecologically responsible. I also get some great returns with very little overhead. I don't give a damn what E F Hutton says. Social responsibility starts at home. I deal with ethical investments.