Dow drops 100 points after 22,000 pound bomb crushes Afghanistan

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  • Bladewire
    StraightBro
    • Aug 2003
    • 56220
    #1

    Dow drops 100 points after 22,000 pound bomb crushes Afghanistan

    Dow falls 100 points after US drops mega-bomb

    Stocks fell on Thursday after the U.S. dropped "the mother of all bombs" in Afghanistan while bank stocks dropped despite strong earnings from JPMorgan Chase and Citigroup.

    The U.S. used GBU-43 bomb on a cave complex believed to have ISIS fighters, according to the Associated Press. The bomb had ever been used in combat, according to Adam Stump, the Pentagon spokesman.


    Skype: CallTomNow

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    • NatalieK
      Natalie K
      • Apr 2010
      • 19837
      #2
      interesting that this would change the dow? I understood when the shares went up for the Tomahawk company, but why would this effect the low dow?
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        • mce
          Confirmed User
          • Jun 2012
          • 3915
          #3
          So if Trump dropped a 44,000 pound bomb, the Dow would since 200?

          Bears better get on this

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            • Matt 26z
              So Fucking Banned
              • Apr 2002
              • 18481
              #4
              Originally posted by GspotProductions
              but why would this effect the low dow?
              The modern stock market is influenced by irrelevant news events. Company profits don't matter that much anymore.

              A legit market would be based largely on shareholder dividend amounts.

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                • Bladewire
                  StraightBro
                  • Aug 2003
                  • 56220
                  #5
                  Originally posted by Matt 26z
                  The modern stock market is influenced by irrelevant news events. Company profits don't matter that much anymore.

                  A legit market would be based largely on shareholder dividend amounts.
                  When the stock market went up after Trump was elected you said it was because of Trump.

                  Now the stock market is influenced by "irrelevant news". Imagine that.


                  Skype: CallTomNow

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                    • OneHungLo
                      So Fucking Banned
                      • May 2001
                      • 40902
                      #6
                      Originally posted by Bladewire
                      When the stock market went up after Trump was elected you said it was because of Trump.

                      Now the stock market is influenced by "irrelevant news". Imagine that.
                      You must not follow the market. A 100 point drop is nothing.

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