Dow now down -700 points ...Middle East

The US stocks are continuing their decline with the Dow now down 700 points or 1.70%. All the Dow 30 stocks are lower. The S&P index is down -88 points or -1.60% at 5408.87. That is getting closer to this 100 day moving average of 5391.77. The price move below its 100 day moving average back on August 5 (the day the Nikkei fell -12.4%). The price closed back above that moving average level on August 8.What are some catalysts:The debate results tilt toward Kamala Harris. The markets are scared although the policies she cites are less arming than Pres. Biden. The corporate tax rate is expected to move higher. The chatter about capital gains taxes increasing for those making more than 1M per

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Last updated : 11 September 2024 clock 06:00 PM

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