Trump's 'Fire and Fury' Comments Break Dow's Winning Streak
Source: WSJ
U.S. stocks dipped into negative territory late in Tuesdays trading session after saber-rattling from the White House over North Korea shook up an otherwise quiet summer trading session.
The Dow Jones Industrial Average closed down about 33 points, or 0.2%, to 22085 after the President Donald Trump warned North Korea that threats to the U.S. will be met with fire and fury. The Dows modest decline snapped 10-session streak of consecutive gains.
The S&P 500 and Nasdaq Composite Index each fell about 0.2% as well.
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Read more: https://blogs.wsj.com/moneybeat/2017/08/08/trumps-fire-and-fury-comments-break-dows-winning-streak/
We'll be very lucky if that's all the damage the idiot's threats cause.
SummerSnow
(12,608 posts)Crash2Parties
(6,017 posts)haele
(12,686 posts)"'Cause us real Americans are gonna have to head to the hills and live off the Grid for a while if those crazy North Koreans bomb those Left Coast Lieberal States...And fight off all those soft city gangbangers and illegals that will be running away from the bombs."
The DeVos and Princes of the world are certainly going to start making bank off chaos and uncertainty.
Haele
LudwigPastorius
(9,210 posts)Trump starts a war on the Korean peninsula. Especially if he's contemplating a pre-emptive nuclear strike.
Even the United States' most loyal allies would have trouble standing by a country and leader that killed millions of people because there was a chance that something bad might happen in the future.
It's insanity.
Crash2Parties
(6,017 posts)Maybe even some who would encourage him to sporadically spout off like this, almost like a pump-and-dump.
Doreen
(11,686 posts)Somehow it will be Obama's fault and Hillary's fault.
Vinca
(50,322 posts)DK504
(3,847 posts)question everything
(47,551 posts)but business, and the stock market, do not like uncertainty.
TeamPooka
(24,279 posts)Achilleaze
(15,543 posts)this is another idiotic FAIL Americans can rightfully ascribe to you and your ignoble role model, Comrade Casino, the republican Draft-Dodger-in-Chief.
riversedge
(70,382 posts)LudwigPastorius
(9,210 posts)attempt a conventional limited airstrike.
Now I think he wants to launch a pre-emptive nuclear attack on North Korea.
That way lies madness.
He IS going to get a lot of people killed.
Yo_Mama_Been_Loggin
(108,356 posts)RussBLib
(9,047 posts)now, oh joy, there are TWO
I sure hope 45 doesn't end life as we know it, just to satisfy his sick little ego