US stocks slide on concerns about global growth; Dow drops more than 300 points

  • Article by: The Associated Press , Associated Press
  • Updated: February 3, 2014 - 2:29 PM

NEW YORK — U.S. stocks are falling sharply in afternoon trading, pushing the Dow Jones industrial average down more than 300 points, as investors worry about reports of sluggish global growth.

  • 12
  • Comments

  • Results per page:
gemie1Feb. 3, 14 2:42 PM

The worst that happens is that we all sit around the camp fire together. Is anyone really surprised by this? It was not possible for the China to keep the same rate of higher of growth. How long will China keep buying our treasuries and how long can we keep buying back our debt? The market is the biggest Ponzi scheme, but the leading business people hopefully will not let it fall apart. I think I remember in college when I had to read political philosophy, and I think Karl Marx wrote about the capitalisms need to internalize and find new markets. Is it to late for us to start working towards economic isolation and take care of our nation and not international corporations? How long can it keep going this way?

6
3
fdrebinFeb. 3, 14 2:46 PM

Phase two of the Obama economy is underway. Force the middle class into the stock market because of zero percent interest rates from bank deposits, then let regulations and the strangle hold of Obama "care" decimate the economy. Soon all of you will be right where Obama wants you: Broke and dependent on himself for food, clothing, and shelter.

10
10
A440Feb. 3, 14 2:55 PM

Don't worry. nObama said if we liked the economic recovery, we can keep the economic recovery.

9
8
gemie1Feb. 3, 14 3:02 PM

Typo. I meant to write internationalize and not internalize. The real issue is that we are no longer self-sufficient and many third world cultures that were self-sufficient, are not anymore. I am simple person, but I know that we are heading for a lot of trouble. Even though I love our national programs, we have to cut back and address our deficit.

6
2
joe12packFeb. 3, 14 3:06 PM

No worries, Friday it will be up 300 points on positive global growth reports.

4
7
oscarbaumFeb. 3, 14 3:11 PM

It's called a correction. The market is way overdue for one. Take your profits, wait for the dust to settle, then reinvest.

5
4
cman2500Feb. 3, 14 3:19 PM

Folks this isn't going away.Great Depression Deja Vu - "A Chicken In Every Pot And A Maserati In Every Garage" Can't wait to see these talking heads come on tv and talk about how great everything is, they all look so sad and worried, and trying to come up with excuses as to why the markets keep tanking.The Weather, Tea Party , Congress ,Me , Folks , Fox or Al-Qaeda. Heck,they are already making excuses for a bad jobs report this friday,the weather to blame.I get such joy out of seeing this thing tank.I hope its just the beginning.

4
4
theagonybhoFeb. 3, 14 3:20 PM

Obamas fake economy and stock market house of cards is coming down. Can you imagingine where the market would be if we pulled the 65 billion a month the feds are proping it up with? The market has been down on a weekly basis since december, weak holiday numbers weak manufacturing weak construction spending weak job market, hang on to your 401k's folks.

8
6
erikj3Feb. 3, 14 3:25 PM

Wow, you mean there are limits to growth? Shocking!

8
0
russ999Feb. 3, 14 3:56 PM

when corporations chases low wages around the world and pocket the difference they run out of people to buy their products. Give America a raise and block the border to 3rd world low wage, toxic dump imports.

5
0

Comment on this story   |  

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT