The stock market crashed huge today!
Dow dropped 2,000 points or some shit!
CNBC:
The Dow Jones Industrial Average sank more than 2,000 points on Monday, its worst day since 2008, as fears about the spread of the new coronavirus and an oil price war sent investors scrambling out of stocks.
The Dow dropped 2,013.7 points — 7.79% — as Boeing, Apple, Goldman Sachs and Caterpillar cut the index by at least 100 points each. The Dow ended the day at 23,851.02 and represented its single-worst day since Oct. 15, 2008, when it fell 7.87%.
The S&P 500 plunged 7.6% to 2,746.56 as investors punished financials and energy stocks. Energy names in the S&P 500, including Exxon Mobil, Hess and Marathon Oil, finished the day down more than 20%. Financial stocks ended down more than 10%. The equity benchmark suffered its worst day since Dec. 1 2008.
The Nasdaq Composite fell 7.29% to end the day at 7,950.68.
The massive sell-off triggered a key market circuit breaker minutes after the opening bell. Trading was halted for 15 minutes until reopening at 9:49 a.m. ET. The sharp declines on Monday followed a roller-coaster week that saw the S&P 500 swing up or down more than 2.5% for four days straight.
It’s very funny to see so many people in panic over the stock market crashing and their 401ks tanking because of this coronavirus apocalypse situation.
I hope the market continues to fall and all these self-entitled boomers see their 401ks and retirement accounts go to zero.
I would find this very funny because I am a hate-filled individual who takes pleasure in seeing other people suffer.
