The Dow Jones Industrial Average went down 416 points on Tuesday. Explain what happened. Why did the Dow go down? How does this decline compare to other famous declines (Great Depression, 1987, 9-11)? What will you do with your stocks? Is this a time to buy since prices went down? Explain.
Jim Rogers, who co-founded the Quantum hedge fund with George Soros in the 1970s said that China stocks descent because there are problems developing. Also the world is surprised by
China's plan to clam down on illegal stock market investiments.
The Dow went down because many people decided to sell their stocks and not as many people bought the stocks that were being sell. Therefore the price went down.
put picture...compare
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment