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riversedge

(70,260 posts)
Mon Dec 31, 2018, 08:25 PM Dec 2018

2018 was the worst for stocks in 10 years

Source: cnn




By Chris Isidore, CNN Business

Updated 4:28 PM ET, Mon December 31, 2018
Markets look for fresh start in 2019


New York (CNN Business)2018 was a record-setting year for stocks, but it's one investors would rather forget.


The Dow fell 5.6%. The S&P 500 was down 6.2% and the Nasdaq fell 4%. It was the worst year for stocks since 2008 and only the second year the Dow and S&P 500 fell in the past decade. (The S&P 500 and Dow were down slightly in 2015, but the Nasdaq was higher that year.)


December was a particularly dreadful month: The S&P 500 was down 9% and the Dow was down 8.7% — the worst December since 1931. In one seven-day stretch, the Dow fell by 350 points or more six times. This year's Christmas Eve was the worst ever for the index.
The S&P 500 was up or down more than 1% nine times in December alone, compared to eight times in all of 2017. It moved that much 64 times during the year.

2018 wasn't all bad. .........................
But 2018 will be remembered for its extreme volatility. ..................

Read more: https://www.cnn.com/2018/12/31/investing/dow-stock-market-today/index.html

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2018 was the worst for stocks in 10 years (Original Post) riversedge Dec 2018 OP
Here's a comparison of this point in both trump's administration and Obama's administration... George II Dec 2018 #1
SO MUCH WINNING!!! durablend Dec 2018 #2
feeding Corporate Socialist,,,,,,,, Cryptoad Dec 2018 #3
I'm so sick of all this winning... Still In Wisconsin Dec 2018 #4
but we got trillion dollar companies!!!! elmac Dec 2018 #5
Ten years ago the financial sector nearly collapsed completely. tclambert Dec 2018 #6
#TrumpSlump(R) Achilleaze Jan 2019 #7

George II

(67,782 posts)
1. Here's a comparison of this point in both trump's administration and Obama's administration...
Mon Dec 31, 2018, 08:31 PM
Dec 2018

....keeping in mind that Obama inherited the second worst depression in our history:

Obama: 46%
trump: 16%

tclambert

(11,087 posts)
6. Ten years ago the financial sector nearly collapsed completely.
Mon Dec 31, 2018, 10:20 PM
Dec 2018

If you leave that out, would this be the worst year for the markets since the Great Depression?

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