Tag Archives: Dow

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.'”