As Trump Touted The Economy In Ohio, The Dow Plunged Nearly 1,000 Points

The Dow Jones Industrial Average plummeted nearly 1,000 points during President Trump's speech in Cincinnati, Ohio, on Monday, where he boasted about the Republican tax cuts and the state of the economy. At one point, the Dow was down more than 1,500 points before it started to recover, causing newscasters to interrupt coverage of the president's speech to discuss the plunge: HAPPENING NOW: Dow Jones Industrial Average plunges nearly 1,500 points, dipping below 25,000 https://t.co/XrBtzmU0gD pic.twitter.com/r2W6nAvTTu — CBS News (@CBSNews) February 5, 2018 "Your taxes are going way down," Trump meanwhile told the assembled crowd in Cincinnati, adding: "America is once again open for business." At one point, the Dow had lost as much as 38 percent of gains made under Trump, The Washington Post's Aaron Blake reported.

BING NEWS:
  • Dow tumbles over 500 points as investors on edge ahead of Fed rate decision
    US labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut ...
    04/30/2024 - 9:20 am | View Link
  • Trump promised big plans to flip Black and Latino voters. Many Republicans are waiting to see them
    Donald Trump has touted big plans for recruiting voters in Black, Latino and Asian communities. But five months before the general election, the former president's campaign has little apparent ...
    04/27/2024 - 4:35 am | View Link
  • US economy cools as GDP growth hits lowest level since 2022 , inflation remains sticky to send Dow spiraling
    The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a faster rate — sending the markets into a tailspin Thursday and clouding President Joe Biden’s sunny ...
    04/25/2024 - 6:41 am | View Link
  • The Dow plunges 650 points as tech earnings disappoint and the economy slows
    Stocks started Thursday with heavy bleeding. The Dow Jones Industrial Average plunged more than 650 points after quarterly earnings reports from tech giants such as Facebook parent Meta and IBM ...
    04/25/2024 - 3:23 am | View Link
  • Dow plunges 500 points after GDP report shows a slowing economy amid stubborn inflation
    New York (CNN) — US stocks tumbled Thursday morning after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected. The ...
    04/24/2024 - 1:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News