{"id":58127,"date":"2018-02-06T06:10:43","date_gmt":"2018-02-06T06:10:43","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=58127"},"modified":"2018-02-06T06:10:43","modified_gmt":"2018-02-06T06:10:43","slug":"dow-jones-futures-fall-600-points-massive-monday-sell-off","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/news\/dow-jones-futures-fall-600-points-massive-monday-sell-off.html","title":{"rendered":"Dow Jones futures fall by 600 points after massive Monday sell-off"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;color: #000000\">Dow Jones futures fall by 600 points after massive Monday sell-off<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Futures for the Dow Jones Industrial Average slid on Monday night, pointing to a possible Tuesday opening drop of more than 1,000 points, CNBC reported, following the largest-ever single-day point drop during regular Monday trading.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Dow Jones futures fell by 633 points on Monday night, after the market had closed down 4.9 percent earlier in the day.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">However, futures are volatile and the Dow Jones may open at a different level than anticipated.<\/span><br \/>\n<span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The drop in futures comes after the Dow Jones plummeted over the course of the last two market days.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The stock market index fell by more than 1,179 points on Monday.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The Dow had dropped by 1,500 points during the day, but recovered to close at 24,345. The loss wiped out a month of gains.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Analysts have been warning of a possible bubble in the stock market after the Dow rose over the course of the past year, closing at a record-high of 26,616 last week.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Investors are thought to be selling stocks due to signs of a stronger economy, which could lead the Federal Reserve to raise interest rates.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">President Trump and his administration have often touted the increase in the Dow as a sign of economic success since he took office. Part of the Dow\u2019s slide Monday took place as Trump delivered a speech about the new GOP tax plan, falling by about 500 points during his remarks.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The Dow Jones is up by about 20 percent since Trump\u2019s election, and stood at 19,827 on Trump\u2019s inauguration.<\/span><\/p>\n<p><span style=\"font-size: 8pt;font-family: Arial, Helvetica, sans-serif\">Source:-\u00a0http:\/\/thehill.com\/policy\/finance\/372468-drop-in-dow-futures-point-to-stock-opening-with-1000-point-drop<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/news\/dow-jones-futures-fall-600-points-massive-monday-sell-off.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Dow Jones futures fall by 600 points after massive Monday sell-off Futures for the Dow Jones Industrial Average slid on Monday night, pointing to a possible Tuesday opening drop of more than 1,000 points, CNBC reported, following the largest-ever single-day point drop during regular Monday trading. Dow Jones futures fell [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":58128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[118254,79821,978,80342],"class_list":["post-58127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dow-jones-futures-fall-by-600-points-after-massive-monday-sell-off","tag-latest-news-headlines","tag-latest-us-and-world-news","tag-us-news-headlines"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/58127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=58127"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/58127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/58128"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=58127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=58127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=58127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}