But today the Dow Jones Industrial Average and the S&P 500 had a sharp fall losses. According to CNBC:
U.S. equities posted their worst day of the year Tuesday as banks faced pressure from falling yields, while investors turned their eyes to a key House vote.
The Dow Jones industrial average fell around 240 points, with Goldman Sachs contributing the lion's share of the losses. The S&P 500 dropped 1.2 percent, with financials falling more than 2.5 percent to lead decliners. The indexes were also posted their first decline of at least 1 percent since October.
"We're settling back into the middle of the range in the 10-year yield. That certainly has taken the air out of financials lately," said Art Hogan, chief market strategist at Wunderlich Securities.
After the markets fell, Sean Spicer denied Donald Trump was to blame:
With Dow down 200 points, Spicer tells @eamonjavers that one can't use a specific index to evaluate Trump, despite Trump having done so. pic.twitter.com/pI4kYcBqXp— CNBC Now (@CNBCnow) March 21, 2017
Oh really? Then why did Trump suggested many times --even in his first address to Congress-- when markets goes up it's because of him?
Because Trump is lying.
No comments:
Post a Comment