Stock Market plunges after Obama re-election

“U.S. stocks plunged across the board on Wednesday, the day after President Barack Obama was decisively re-elected… Financial stocks in the Standard & Poor’s 500 were down more than 3 percent around midday”… for obvious reasons, “Stocks took a sharp nosedive in a post-election selloff Wednesday, with the Dow logging its biggest decline in nearly a year, prompted by concerns over the looming ‘fiscal cliff.'”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: