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There’s the opening ball, and it’s an ugly start.
S&P 500 — down 32 points, or 1.8% at 1,889
DJIA — down 282, or 1.7%, at 16,099
Nasdaq — down 142, or 3%, at 4,474
9:27 am
We’re less than five minutes from the opening bell and Dow futures are down more than 400 points.
S&P 500 futures are down 2.4% and Nasdaq futures are pointing to a 3% decline.
originally posted by: crappiekat
Here is a picture of it all.
money.cnn.com...
I don't really follow this, but is this a really bad thing?
originally posted by: texasgirl
a reply to: TonyS
And now Walmart has announced it will be closing 269 stores. Love or hate Walmart but that's more people being dumped into the unemployment pool.
originally posted by: texasgirl
a reply to: TonyS
And now Walmart has announced it will be closing 269 stores. Love or hate Walmart but that's more people being dumped into the unemployment field.
Wal-Mart said Friday it will close 269 stores across the globe, including 154 in the U.S. The world's largest retailer also will open as many as 405 stores globally in the coming fiscal year, as it shifts its focus toward Supercenters and Neighborhood Markets in profitable locations.
The world's largest retailer also said it will open 50 to 60 Supercenters and 85 to 95 of its smaller Neighborhood Market locations in the U.S. during the fiscal year that starts Feb. 1.
That's in addition to between 200 and 240 international stores, and seven to 10 new Sam's Club locations.
More than 95 percent of the closed U.S. stores are within 10 miles of another Wal-Mart store. When possible, it will transfer store associates to nearby locations.
originally posted by: crappiekat
a reply to: butcherguy
Looking at this,
money.cnn.com...
it doesn't seem Xtreme. Or am I missing something?
OHHHH, OK I get it now. I had to go back and read it again.