Quote:
Originally Posted by AC2717
As of 11am Markets are tanking
the Dow is down 284.25 points under 13,000
Nasdaq down 59.05
S&P 500 down 27.93
GOOD JOB AMERICA!!!!
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The markest are down today primarily because of comments made by the president of the European Central Bank, not because of the U.S. election results. Wall Street guys are numbers guys, and they could read the writing on the wall from all the extensive polling data available over the last year, and especially as the election got closer. Obama's victory was already factored into the markets.