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commander@lemmy.world to Investing@lemmy.worldEnglish · 3 months ago

Dow plunges 2,000 as sell-off for markets slams into a scarier gear following Trump's tariffs

apnews.com

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  • cross-posted to:
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  • world@lemmy.world
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Dow plunges 2,000 as sell-off for markets slams into a scarier gear following Trump's tariffs

apnews.com

commander@lemmy.world to Investing@lemmy.worldEnglish · 3 months ago
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6
fedilink
  • cross-posted to:
  • wallstreetbets@lemmy.world
  • worldnews@lemmit.online
  • world@lemmy.world
The worldwide sell-off for financial markets is slamming into a higher, scarier gear. The S&P 500 tumbled 5.7% Friday, the Dow Jones Industrial Average plunged 2,034 points and the Nasdaq composite dropped 5.6%.
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  • SatansMaggotyCumFart@lemmy.world
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    3 months ago

    So far!

  • SadSadSatellite @lemmy.dbzer0.com
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    3 months ago

    So, do I liquidate now? Or wait it out? Sell everything and buy it back in two weeks?

    • thessnake03@lemmy.world
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      3 months ago

      Buy the dip! It’s all on sale!

    • hark@lemmy.world
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      3 months ago

      The second you liquidate is the second it turns around with a massive green candle.

    • Darrell_Winfield@lemmy.world
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      3 months ago

      If you haven’t sold yet and aren’t retiring in the next 5 years, hold. Good buying opportunity.

  • PhilipTheBucket@ponder.cat
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    3 months ago

    I think it’s moderately likely that Trump will soon be explaining on TV that a lot of people don’t know this, but tariffs actually aren’t a tax on the other country, they’re paid by people in the US. So they actually don’t work the way that a lot of people think they do.

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