Stock Market DROPS 550 Points! Deutsche Bank Hits RECORD LOW! FANG Stocks 24% Drop!

in money •  6 years ago 


The stock market had another wild day on Friday with markets across the world taking a beating, falling over 500 points on the Dow Jones. U.S. stocks have erased the gains of 2018, as expected to those watching the central bank balance sheets. If the Federal Reserve doesn’t reduce interest rates at this point, stock will hit a ceiling and will only have one direction to go. If they can reduce interest rates to the floor and begin QE4, we can watch the FANG stocks bounce to new highs. It’s up to them.

Dow tumbles more than 500 points, wipes out gain for the year to cap wild week on Wall Street
https://www.cnbc.com/2018/12/07/stock-market-dow-futures-fall-ahead-of-unemployment-figures.html
Panic-like selling takes hold in Nasdaq as stock-market losses gather steam in final hour Friday - MarketWatch
https://www.marketwatch.com/story/panic-like-selling-takes-hold-in-nasdaq-as-stock-market-losses-gather-steam-in-final-hour-friday-2018-12-07
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AAPL 168.49 -6.23 -3.57% : Apple Inc. - Yahoo Finance
https://finance.yahoo.com/quote/aapl/
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