And The Biggest Loser Was: The Dow Down 4.1%

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

While Mortgage backed securities continue to falter, U.S. equity marketing are being hammered. It is a rare day when all three of the major indices here experience triple digit losses.  Today the Dow had a four digit loss losing 1,032 points, the NASDAQ lost an astonishing 274 points and the S&P 500 rounded out the trio with a 100 point loss.  The reason once again was climbing interest rates.

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Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

I bet many of the traders are anxious to jump back in after another day or two down.

Feb 08, 2018 03:09 PM #1
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Jeff Jensen

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