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3 comments

[–] ScorpioGlitch 3 points (+3|-0)

This is a sensationalist article:

Mexican stocks also fell, with the iShares MSCI Mexico exchange-traded fund (EWW) sliding 1.3 percent. The iShares MSCI Canada ETF (EWC) pulled back 0.6 percent.

But we're only going to point out the US market because people only read headlines.

The S&P 500 declined 0.4 percent as consumer staples lagged. The Nasdaq composite slipped 0.1 percent.

So... the US markets dropped less than the the Mexican market.

The move lower in stocks Thursday followed a sharp move higher in the previous session. On Wednesday, concerns surrounding Italy's political crisis showed signs of abating. The Dow gained more than 300 points while the small-caps Russell 2000 index notched a record high.

Oh, so it's only a correction from the news of Italy the previous day.

Anything to make Trump look as evil as possible.

[–] [Deleted] 1 points (+1|-0) Edited

I agree 200 points is nothing and can be attributed to many factors.

It's also worth noting how little favorable coverage Trump received when the market had historic gains.