Submitted 11 hours ago by MicroWave@lemmy.world to economics@lemmy.world
https://www.cnbc.com/2025/02/20/stock-market-today-live-updates.html
Summary
The Dow Jones fell 748 points Friday, marking its worst day of 2025, as investors reacted to weak economic data and inflation concerns.
Consumer sentiment dropped sharply, existing home sales declined, and U.S. services activity contracted.
Fears over Trump tariffs and spending cuts further rattled markets.
The S&P 500 and Nasdaq also saw significant declines as investors shifted away from riskier assets.
Dow Jones is still up 6.21% over past 6 months, or 2.44% year to date, however you want to look at it.
“Worst day… So far!” <read in homer simpson’s voice, and then go cry while bingedrinking something flammable)>
I’m fairly certain that investors were reacting to the question that guy on Lemmy posted yesterday.
shortwavesurfer@lemmy.zip 2 hours ago
Wow! A 1.7% drop. Run for the fucking hills.