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Roland99

(53,342 posts)
Wed Nov 14, 2018, 05:20 PM Nov 2018

Dow suffers longest losing streak in 3 months as Apple flirts with bear territory

Source: Marketwatch

U.S. stocks reversed direction to pivot lower Wednesday, with the Dow on track for its longest losing streak in three months, as blue-chip Apple Inc. flirts with bear-market territory.

How are the benchmarks faring?
The Dow Jones Industrial Average DJIA, -0.81% fell 169 points, or 0.7% to 25,117. If the losses hold, Wednesday would mark the fourth consecutive decline for blue chips, the longest streak since Aug. 13, according to FactSet data.

The S&P 500 index SPX, -0.76% ESZ8, -1.12% is down 17 points, or 0.6%, to 2,704 and the Nasdaq Composite Index COMP, -0.90% declined 41 points, or 0.6%, to 7,159.

Read more: https://www.marketwatch.com/story/dow-poised-for-longest-skid-in-3-months-as-stock-market-set-to-extend-slide-2018-11-14



Final closing numbers:

Dow 25,080.50 -205.99 -0.81%
S&P 500 2,701.58 -20.60 -0.76%
Nasdaq 7,136.39 -64.48 -0.90%
GlobalDow 2,903.67 -7.81 -0.27%
15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Dow suffers longest losing streak in 3 months as Apple flirts with bear territory (Original Post) Roland99 Nov 2018 OP
Tariffs can't be helping... HopeAgain Nov 2018 #1
True. Nor the flood-up economy. ananda Nov 2018 #3
Message auto-removed Name removed Nov 2018 #2
I hate Facebook crazytown Nov 2018 #14
Crazy to me that Apple can drive the market so much hibbing Nov 2018 #4
I've read several articles saying the US is timing up for a recession in the middle of 2020. bearsfootball516 Nov 2018 #5
TrumpSlump (R) Achilleaze Nov 2018 #6
Rethugs are already trying to blame Pelosi sandensea Nov 2018 #7
And the .... but her emails! Tah dah!!! Canoe52 Nov 2018 #11
First the increase in interest rates, next the ever rising CPI The Liberal Lion Nov 2018 #8
but, but, but mastermind Nov 2018 #9
tRump should stimulate the economy with gov't spending. ffr Nov 2018 #10
the market is way way over valued scarytomcat Nov 2018 #12
... Scurrilous Nov 2018 #13
THURSDAY - And continuing downward! Roland99 Nov 2018 #15

Response to Roland99 (Original post)

hibbing

(10,109 posts)
4. Crazy to me that Apple can drive the market so much
Wed Nov 14, 2018, 05:31 PM
Nov 2018

I know they sell a brazillion phones and other stuff, but geesh. My 401 is tanking, hopefully I live long enough to see it rebound and I can get a few years of retirement in before the Grim Reaper knocks on my door.

Peace

bearsfootball516

(6,377 posts)
5. I've read several articles saying the US is timing up for a recession in the middle of 2020.
Wed Nov 14, 2018, 05:31 PM
Nov 2018

Which would basically doom Trump's reelection bid.

Achilleaze

(15,543 posts)
6. TrumpSlump (R)
Wed Nov 14, 2018, 05:32 PM
Nov 2018

republicans have pissed all over America and America's economy with their tariffs and their tax cuts for the rich. How can anyone have confidence in the republicans and their draft-dodging, casino-hustler "leader"?

sandensea

(21,664 posts)
7. Rethugs are already trying to blame Pelosi
Wed Nov 14, 2018, 05:39 PM
Nov 2018

Their tax cuts, their deregulation, their Idi Amin situation - but somehow it's Pelosi's fault.

Oh, well. Gotta tell the base something.

The Liberal Lion

(1,414 posts)
8. First the increase in interest rates, next the ever rising CPI
Wed Nov 14, 2018, 05:54 PM
Nov 2018

and now the market dump.
All this winning, I just can't stand it anymore.

ffr

(22,671 posts)
10. tRump should stimulate the economy with gov't spending.
Wed Nov 14, 2018, 06:31 PM
Nov 2018

No, wait. He's been doing that since day one and we were already in a growing economy.

scarytomcat

(1,706 posts)
12. the market is way way over valued
Wed Nov 14, 2018, 07:47 PM
Nov 2018

it has to crash sometime
rethugs are hoping it happens on Democrats' watch like when W was president, he wanted it on the Obama administration but it happened too soon
to bad he doesn't get full credit for any of his terrible economic policies, Clinton handed him a surplus and he bombed it away (also tax cuts)

Roland99

(53,342 posts)
15. THURSDAY - And continuing downward!
Thu Nov 15, 2018, 11:37 AM
Nov 2018

Dow 24,804.25 -276.25 -1.10%
S&P 500 2,672.55 -29.03 -1.07%
Nasdaq 7,079.29 -57.10 -0.80%

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