Wall Street down 1 percent, Dow and S&P slip into red for the year

krishna · 08-20-2015, 01:31 PM · 1 person reading this discussion

#1
Wall Street down 1 percent, Dow and S&P slip into red for the year
Reuters

- Wall Street fell more than 1 percent on Thursday morning, pushing the Dow and the S&P into the red for the year, after the Federal Reserve highlighted global growth concerns and as Walt Disney dragged down consumer discretionary stocks. The Dow Jones industrial average fell to a more than six-month low, while the Nasdaq composite and the S&P 500 fell to their lowest in more than a month.

#2
In investments you don't know what will happen and can only hope for the best or if you can predict the maths and into that sort of stuff, may enjoy it and make money from it in the end. You would not want to rely on this for an income and should view it as extra and should have some job going on, which can sustain you on a daily basis and if you do make money from this then it can be a good feeling for you for the hard work done. I have seen in the news that Wall St changes on a daily basis and the worst hit was in 2008 when the stock market crashed and prices of even fuel and other things went up, and was a hard year as you had to be careful with the money you made.

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