Dow falls 310 points; stocks wipe out monthly gains as Trump fears send shivers

[Splits]

http://www.cnbc.com/2017/05/17/us-markets.html

ducks get in here and explain

[spurraider21]

its because of illegal leaks

[DarrinS]

Moved my money yesterday

[DarrinS]

Probably nothing to do with cable news last night

[baseline bum]

Probably nothing to do with cable news last night

Yeah it's the media's fault Trump went blabbing to Russia and kept attempting to obstruct the investigation into Russia. If only they stuck to reporting the important issues, like light bulbs.

[Chris]

[Chris]

[unleashbaynes]

Thank god i listen to spurstalk poster Chris. For a minute i was worried that this isn't all a lib snowflake triggered conspiracy.

[RandomGuy]

Moved my money yesterday

Bet a beer it rockets back up tomorrow.

[RandomGuy]

Yeah it's the media's fault Trump went blabbing to Russia and kept attempting to obstruct the investigation into Russia. If only they stuck to reporting the important issues, like light bulbs.

[CosmicCowboy]

Bet a beer it rockets back up tomorrow.

Wouldn't surprise me. A 400 point drop when the market is where it is isn't . Minor correction.

I realize I'm just a businessman in podunk Texas but I never expected Trumps tax plan to make it through.

I find it hard to believe sophisticated traders in New York thought it was going to breeze through and suddenly panicked over Russia static.

[Spurminator]

There's probably all sorts of illegal bull happening on Wall Street right now anyway because who's going to investigate them?

[Xevious]

Bet a beer it rockets back up tomorrow.

Anybody who invests in the market knows that it goes down, and it goes back up. Always does. It'll drop even more as this Trump business plays out (quite a bit more probably), and people will freak out liquidate their holdings. I'll keep buying though.

[DMC]

I predicted June. It was a little early.

[RandomGuy]

[RandomGuy]

Wouldn't surprise me. A 400 point drop when the market is where it is isn't . Minor correction.

I realize I'm just a businessman in podunk Texas but I never expected Trumps tax plan to make it through.

I find it hard to believe sophisticated traders in New York thought it was going to breeze through and suddenly panicked over Russia static.

The run up in the last few months was unwarranted.

Reversion to the mean.

Those sophisticated investors were buying into what they knew was a run by unsophisticated investors, IMO, and took their profit before the rubes figured out that Trump was going to be shackled by the same things that have shackled every overly ambitious agenda in Washington.

[CosmicCowboy]

The run up in the last few months was unwarranted.

Reversion to the mean.

Those sophisticated investors were buying into what they knew was a run by unsophisticated investors, IMO, and took their profit before the rubes figured out that Trump was going to be shackled by the same things that have shackled every overly ambitious agenda in Washington.

Not really unwarranted. Earnings beats in tech stocks has been driving this run.

[Darth_Pelican]

And just like that, it's nearly back to where it was 2 days ago. Don't pay attention to a single day of drops in the stock market.

[Chucho]

Yeah, the sky stopped falling. Pretty much washing out Wednesday's losses today, so, yeah. Sorry to rain on the misery-spreading.