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Articles tagged with: S&P

Stock Market Crashes »

Posted on 13 Mar 2013 | 5,154 views
Dow Jones Industrial Average Sell-Off may Test August 26, 2010 Lows of 9,985

The Dow Jones Industrial Average (DJIA) and the rest of the major stock indexes just had one of the steepest one day declines since the May 6, 2010 “Flash Crash” occurred.

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Posted on 12 Mar 2013 | 4,787 views
US Debt Credit Rating Downgraded by S&P

A major rating agency last night “Downgraded the Nation’s Credit Rating” for the first time in history, after a wild day on Wall Street that saw stocks swing from triple-digit gains to triple-digit losses and back into positive territory as investors weighed the strongest US job gains in months against debt problems here and in Europe.

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Posted on 12 May 2011 | 7,905 views
Debt Ceiling Inaction Will Double Interest Rates and Crash Stock Market in 2011

President Obama’s administration is pushing to raise the nation’s debt limit an additional $2 trillion, which currently stands at $14.3 trillion and issued dire warnings from business leaders that failing to OK the increase will lead to inflation, an immediate doubling of “Interest Rates” and a killer “Wall Street Crash” — House Speaker John Boehner, R-Ohio, says the GOP will demand trillions in spending cuts before considering an increase in the debt ceiling.