Dow ends with largest drop ever

[GMDino]

I don't know why any of you care about the stock market going up or down.

The POTUS does not!

https://www.marketwatch.com/story/what-the-trump-white-house-says-about-this-sharp-stock-market-reversal-2018-02-05

Quote:With Donald Trump’s propensity to take credit for a rising stock market since his November 2016 election[/url], via tweets and retweets as well as at rally-type events, journalists and pundits alongside much of the public were eager to learn how the president would address [url=https://www.marketwatch.com/story/with-3-day-selloff-stocks-quickly-approach-correction-territory-2018-02-05]sharp declines in equities last week and an intensifying selloff Monday.



Press secretary Sarah Huckabee Sanders put that anticipation to rest by late afternoon, indicating that the stock market had never been a particular focus of the White House, while longer-term economic fundamentals were and are of paramount interest:

Quote:‘The President’s focus is on our long-term economic fundamentals, which remain exceptionally strong, with strengthening U.S. economic growth, historically low unemployment, and increasing wages for American workers. The President’s tax cuts and regulatory reforms will further enhance the U.S. economy and continue to increase prosperity for the American people.’

The Dow industrials DJIA, -4.60% lost more than 1,100 points Monday and were down as much as 1,500 intraday — that on the heels of a Friday decline of nearly 666 points that took the blue-chip index’s weekly decline to 4.1%.