Tuesday, April 22, 2025

Dow Jones on track for worst April since 1932

The Dow got crushed on Monday, dropping nearly 1,000 points as traders scrambled through a selloff that's dragging the index toward the worst April since 1932, according to Dow Jones Market Data. The S&P 500's performance under Donald Trump's presidency is now the worst showing for any president this far into office, based on Bespoke Investment Group's data going back to 1928. The damage is tied to a mix of policy chaos, trade tension, and collapsing investor confidence. With Trump back in the White House and already butting heads with Federal Reserve Chairman Jerome Powell, Wall Street isn't waiting to see how bad it gets. There are real fears that Trump might fire Powell, which is only adding fuel to a market that's already overheating from confusion. Investors are seeing corporate earnings start to drop, with many companies warning that tariffs are slicing into future profits.

Comments

The Dow got crushed on Monday, dropping nearly 1,000 points as traders scrambled through a selloff that's dragging the index toward the worst April since 1932, according to Dow Jones Market Data.

The------------- did that.

#1 | Posted by reinheitsgebot at 2025-04-22 05:48 AM

#1: Trumpf is pauperizing and demoralizing Americans across the spectrum and he has only been in office 100 days. The Dotard-in-Chief is cutting back on funding food banks, homeless shelters, and healthcare, while the US heads toward another Great Depression. Thank you Republican voters for thinking it's better to have a selfish, unqualified racist white oligarch in the White House rather than a competent woman of color who wouldn't have tanked the US economy and your own 401K plans. Gut arbet!

https://www.gannett-cdn.com/presto/2020/10/13/NBCT/cd982fb5-7532-44e3-9636-4c07d2aa9265-losers_and_suckers.jpg

#2 | Posted by C0RI0LANUS at 2025-04-22 06:49 AM

Very, very, likely Trump's deliberate impoverishment of the United States is his way of settling narcissistic injuries.

That is to say, more revenge.

Now what he is trying to avenge won't make sense to most sane human beings.

But Donald Trump is not sane.

If you can't accept the ever-growing evidence of that, you may not be quite sane either.

#3 | Posted by Zed at 2025-04-22 08:05 AM

Trump.
Convicted screwing around with money felon, thirty-four times.
Six bankruptcies, half of them running gambling dens.
And he effs up the economy?
Sooprise.

#4 | Posted by Doc_Sarvis at 2025-04-22 08:38 AM

Felon 47 is the best thing that ever happened to Hoover's pathetic presidential legacy.

#5 | Posted by reinheitsgebot at 2025-04-22 10:28 AM

The S&P has dropped the most under Trump for any president at this point in their presidency since the S&P 500 was in fact created back in 1957. And indeed, it is not anywhere close, folks. It's not anywhere close under Trump. It's dropped " get this " 14 percent."

The second biggest drop, he noted, was the 7 percent decrease under former President George W. Bush as a result of the September 11 attacks.

www.rawstory.com

It's a hell of an achievement to suck more than W.

#6 | Posted by reinheitsgebot at 2025-04-22 10:43 AM

Trump is worse for the market than... checks notes... 9/11.

Congratulations, Republicans.
You Built That!

#7 | Posted by snoofy at 2025-04-22 10:54 AM

Drudge Retort Headlines

Pope Francis Dies (124 comments)

100 Funny Easter Dad Jokes for the Whole Family in 2025 (45 comments)

U.S. Dollar Falls to Three-year Low (43 comments)

Sherrod Brown: Trump's Tariffs Do Nothing for Workers (39 comments)

Hegseth to be Replaced (36 comments)

Voters Think Immigrants Should Have Due Process (26 comments)

U.S. Citizen in Arizona Detained by Immigration Officials for 10 Days (25 comments)

CNN's Data Guru Reveals How Many Trump Supporters Regret Their Vote (24 comments)

Republican Mayor Wants to Use Fentanyl to Purge the Homeless (20 comments)

Trump's Approval Rating on Economy Hits All-Time Low (19 comments)