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Stocks are getting crushed

Discussion in 'Investments' started by EF-Roger, Aug 20, 2015.

  1. EF-Roger

    EF-Roger Entrepreneur

    Stocks are getting crushed on Thursday, and the major indexes are seeing their worst two-day drop in eight months.

    Near 1:00 p.m. ET, the Dow was down 267 points, the S&P 500 was down 31 points, and the Nasdaq was down 110 points. The Dow and S&P 500 were down 1.5% and the Nasdaq was off more than 2.2% at these levels.

    Among the biggest losers on Thursday were the so-called "FANG" stocks, comprised of Facebook, Amazon, Netflix, and Google as each fell more than 2% with Netflix the big loser, falling more than 7%.

    The tech-heavy Nasdaq has been the best performer this year and these 4 stocks were the major leaders of this rally.

    Read more: http://www.businessinsider.com/market-update-august-20-2015-8#ixzz3jNV1ZqJw

  2. Game Changer

    Game Changer Entrepreneur

    Oh no I thought NetFlix will bang the market soon. But the pre-assuming result shows negative activities. Lets see what happens to the next week.
  3. EF-Roger

    EF-Roger Entrepreneur

    Stock markets in Saudi Arabia, Dubai, Abu Dhabi, and Qatar crashed

    Stock prices in Gulf states nosedived on Sunday in a massive market sell-off sparked by descending oil prices, with the Saudi and Dubai bourses leading the slide.

    The Tadawul All-Shares Index in Riyadh, the Gulf's leading market, shed 549.51 points, or 6.86%, to close at 7,463.32 points.

    The kingdom's all-important petrochemicals industry lost 7.94%, while the real-estate sector tumbled 9.50%.

    Read more: http://www.businessinsider.com/afp-gulf-stocks-plummet-as-oil-prices-plunge-2015-8#ixzz3jfl5lBNH
  4. harpazo22

    harpazo22 Entrepreneur

    They are unpredictable though. It'll always fluctuate.

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