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S&P 500 and Nasdaq erase year-to-date gains
Posted on 3/4/21 at 2:47 pm
Posted on 3/4/21 at 2:47 pm
quote:
The Nasdaq traded lower by more than 2%, after the tech-heavy index dropped 2.7% during the regular session on Wednesday. At session lows, both the Nasdaq and S&P 500 erased gains for the year-to-date. The Nasdaq was also on track to end Thursday in formal correction territory, dropping to close more than 10% from at recent record closing high.
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4
Posted on 3/4/21 at 2:58 pm to Jjdoc
As long as they don't also erase the last 9-12 months of gains, then I'm ok.
Posted on 3/4/21 at 3:44 pm to TheChosenOne
the whole thing is just dumb. our investment theses rely on what the fed says and does on weekly basis, lol
Posted on 3/4/21 at 3:49 pm to rocket31
That should not be surprising. Interest rates and monetary policy are the driving factors.
Posted on 3/4/21 at 3:52 pm to geauxpurple
you're right I'm not surprised. it's just silly that we are forced to play this game but maybe that's just me
Posted on 3/4/21 at 3:53 pm to Jjdoc
Hussss said this would happen
Posted on 3/4/21 at 4:12 pm to Jjdoc
Making that “money” again will be twice as fun!
Posted on 3/4/21 at 11:21 pm to rocket31
quote:
you're right I'm not surprised. it's just silly that we are forced to play this game but maybe that's just me
It's not just you.
You have an election and the guy walks in on day 1 and literally crushes jobs.
NOT by mistake.
His policies are hurting business and markets.
Posted on 3/5/21 at 8:20 am to Jjdoc
Dam i'm hurting right now . Just gonna step away from the stock market for a few weeks. So far Biden is killing the stock market 
This post was edited on 3/5/21 at 8:21 am
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