XPost: alt.politics.trump, talk.politics.guns, alt.politics.economics   
   XPost: alt.fan.rush-limbaugh   
   From: fjb@nytimes.com   
      
   In article    
    wrote:   
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   > Everybody say, "THANKS DEMOCRATS!" "YOU FUCKING ASSHOLES!"   
   >   
      
   The Dow Jones Industrial Average fell sharply Monday, in its   
   worst day since June, as the summer rally fizzled out and fears   
   of aggressive interest rate hikes returned to Wall Street.   
      
   The Dow fell 643.13 points, or 1.91%, to 33,063.61. The S&P 500   
   dropped 2.14% to 4,137.99, and the Nasdaq Composite tumbled   
   2.55% to 12,381.57, respectively. It was the worst day of   
   trading since June 16 for the Dow and the S&P 500.   
      
   Those losses come on the back of a losing week, which snapped a   
   four-week winning streak for the S&P 500. Still, the broader   
   market index remains about 13% above its June lows.   
      
   Investors are anticipating what could be a volatile week of   
   trading ahead of Federal Reserve Chairman Jerome Powell’s latest   
   comments on inflation at the central bank’s annual Jackson Hole   
   economic symposium.   
      
   “When you see the market right now dropping down like this, this   
   is the market saying the Fed has to be more aggressive to slow   
   the economy down further” if they want to bring inflation back   
   down, said Robert Cantwell, portfolio manager at Upholdings.   
      
   Tech stocks declined on concerns over more aggressive rate hikes   
   from the Fed. Amazon fell 3.6%. Semiconductor stocks dropped   
   with Nvidia down about 4.6%. Shares of Netflix were roughly 6.1%   
   lower following a downgrade to sell from CFRA.   
      
   38 MIN AGO   
   Stocks wrap worst day since June   
   The Dow Jones Industrial Average fell 643.13 points, or 1.91%,   
   to 33,063.61. The S&P 500 dropped 2.14% to 4,137.99 and the   
   Nasdaq Composite tumbled 2.55% to 12,381.57, respectively. It   
   was the worst day of trading since June 16 for the Dow and the   
   S&P 500.   
      
   — Sarah Min   
      
   3 HOURS AGO   
   All sectors lower in the S&P 500   
   All 11 sectors in the S&P 500 were in the red on Monday.   
   Consumer discretionary, communication services and information   
   technology were the biggest losers, as investors dumped shares   
   of cyclical and growth stocks. The sectors were last down 2.8%,   
   2.7% and 2.6%, respectively.   
      
   Energy was the best-performing sector, down 0.85%.   
      
   — Sarah Min   
      
   3 HOURS AGO   
   Nearly all stocks in the S&P 500 are down   
   Nearly all members of the S&P 500 were affected by the pullback.   
   During Monday afternoon trading, there were 480 losing stocks,   
   and just 23 members in the green, according to FactSet.   
      
   — Sarah Min   
      
   3 HOURS AGO   
   S&P 500 headed for worst day in nearly 2 months   
   Monday’s sell-off put the S&P 500 on track for its biggest one-   
   day drop since June 28, when it slid 2.01%. As of 1:13 p.m. ET,   
   the benchmark index was down 1.85%.   
      
   https://www.cnbc.com/2022/08/21/stock-market-futures-open-to-   
   close-news.html   
      
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