2016 Postmortem
Related: About this forumHow the markets are doing as of 9:50 a.m. Eastern
From CNN.com:
Dow: - 92.25
Nasdaq: - 20.94
S&P: - 9.23
lostincalifornia
(3,639 posts)Tom Rinaldo
(22,917 posts)Market players are weighing their risks and calculating their tiiming. Everyone still has a few days left for them to dump holdings prior to a U.S. default. They are continually looking at their upside and downside risks. The market is taking a hit today so far it seems, just not a really big one yet. Some would rather risk having to sell at a lower price in a day or two vs getting out of their positions now prematurely and having to buy in at higher numbers later if a deal does get struck. I would say the market now is decidely uncertain.
BluegrassStateBlues
(881 posts)Look for a sell-off at the end of the day if no deal is reached.
onenote
(42,778 posts)I've said it before and I'll say it again: a political website is good for a lot of things, but market predictions are not one of them.
BluegrassStateBlues
(881 posts)LiberalElite
(14,691 posts)Dow: +64.15
Nasdaq: +23.41
S&P: + 6.94