On the 20th anniversary on Black Monday, the Dow’s down about 155 points. The Dow has been negative for 5 straight days now. Personally, I was overconfident and am paying dearly for it now. The market will humble you and quickly. Updates will be coming throughout the day.
Update: Curbs are finally in but I think it’s a little too late. The damage has been done. Dow down 280 points while the Nasdaq is down 54 and the S&P down 30. Hopefully the selloff doesn’t continue the last 30 minutes or so as it sometimes has.
15:24: Dow down 315 points. Someone remind the traders to place the floor back under the Dow before it continues to fall.
Closing Bell: Down closes down 369 points. Nasdaq closed down 74 points with the S&P down almost 40 points. Curbs saved us from it getting extremely ugly. Hope you all bought some cheap scotch for the weekend.
Dow closed 4.1% down for the week with the S&P down 3.9% and the Nasdaq down 2.9% for the week.