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S&P 500 falls more than 2% as market sell-off intensifies

Discussion in 'Too Hot for Swamp Gas' started by citygator, Mar 10, 2025 at 1:37 PM.

  1. citygator

    citygator VIP Member

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    Yikes. Stocks way off midday on Monday. Trump working hard to make stocks affordable! The S&P 500 has fallen 5.6% and the Nasdaq Composite has slumped over 10% since inauguration.

    Stock market news today: Live updates

    Stocks dropped on Monday as the selling pressures that dragged Wall Street last week persisted, with investors worried about an economic slowdown after President Donald Trump didn’t rule out a recession with U.S. tariffs being implemented.

    The Dow Jones Industrial Average dropped 665 points, or 1.6%. The S&P 500 shed 2.5%, and the Nasdaq Composite lost 3.9%. Both the 500-stock S&P and tech-heavy Nasdaq dropped to their lowest levels since September 2024.

    The Nasdaq was weighed down by declines in the “Magnificent Seven” cohort. Tesla tumbled 13%, while Alphabet, Meta and AI darling Nvidia lost around 5%.
     
  2. exiledgator

    exiledgator Gruntled

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    Just accept a little pain so we can get... So that we....

    Wait, what are we getting out of all this again?
     
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  3. docspor

    docspor GC Hall of Fame

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  4. PITBOSS

    PITBOSS GC Hall of Fame

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    upload_2025-3-10_13-56-58.png
     
  5. sierragator

    sierragator GC Hall of Fame

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    and stop bitching about the price of eggs! ;)
     
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  6. G8R92

    G8R92 GC Hall of Fame

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    This is what happens when a horse is loose in the hospital.
     
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  7. G8R92

    G8R92 GC Hall of Fame

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  8. sierragator

    sierragator GC Hall of Fame

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    A china shop is missing a bull
     
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  9. VAg8r1

    VAg8r1 GC Hall of Fame

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    Waiting for Trump to take credit for the lower interest rates resulting from the funds from the sale of equities being reinvested in safer US Treasury securities.
     
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  10. cron78

    cron78 GC Hall of Fame

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    All this winning is starting to piss me off. We weathered Obama, then survived 45, and then Biden, but this round of Trump seems to be a disaster of misfires and malfeasance hugely bigger than any ever seen by anyone ever before. Quickdraw shooting from the hip too fast can, and does, result in shooting yourself in the lower extremities on occasion. This idiot is lucky to still have all his toes.
     
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  11. G8trGr8t

    G8trGr8t Premium Member

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    If S &P drops a little further I suspect companies are going to increase buy back and reduce cap ex by a proportionate amount. Reduced Capex combined with decreased gubmnt spending combined with decrease retail and we're screwed
    Congrats maga ..laying the groundwork for the world economy. Go team..ps...we're all in the same boat
     
  12. WarDamnGator

    WarDamnGator GC Hall of Fame

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    So far, unemployed veterans and even slower processing of social security for the elderly.
     
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  13. vaxcardinal

    vaxcardinal GC Hall of Fame

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    You only lose money if you sell.
     
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  14. docspor

    docspor GC Hall of Fame

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  15. QGator2414

    QGator2414 VIP Member

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    Going to be some good buys available!
     
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  16. homer

    homer GC Hall of Fame

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    I think this is on purpose.

    SMDH
     
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  17. docspor

    docspor GC Hall of Fame

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  18. docspor

    docspor GC Hall of Fame

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    I thought that was 1 of the more "interesting" things he said in his speech - bragging about the int rate falling. It's not falling for a good reason.
     
  19. exiledgator

    exiledgator Gruntled

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    Of course it is. But what is that purpose?
     
  20. sierragator

    sierragator GC Hall of Fame

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    Follow the money. All about the oligarchs. Everyone else is along for the ride and is considered expendable.
     
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