Those who cheerlead and tout for Capital got good news yesterday as markets went up 700+ points after the Biden delegate victories on super-Tuesday. The Trump regime has featured the eight lowest drops in stock market history.
Investing.com – The Dow racked up its second-biggest point gain on record Wednesday, driven by a surge in healthcare stocks as former Vice President Joe Biden's race for the Democratic presidential nomination gained traction following a surprisinly strong Super Tuesday performance.
The S&P 500 surged 4.22%, the Nasdaq Composite gained 3.85% and the Dow Jones Industrial Average rose 4.53%, or 1,173 points.
With his campaign widely believed to be on the brink of collapse a few weeks ago, Biden won ten of the 14 states in which voters cast ballots on Super Tuesday, setting up a close race for the Democratic presidential nomination against Sen. Bernie Sanders.
Healthcare stocks surged as Biden's strong showing eased the prospect of a Sanders victory, which many fear would trigger major disruptions for the industry with a Medicare for All policy.
Stocks surged at the close after a tumultuous week on Wall Street. The Dow was up 1,173 points, and the S&P 500, Nasdaq, and Russell 2000 were all up more than 3% as well. https://t.co/wUtQpnqE16 pic.twitter.com/5RnyOO7ylq— CNBC (@CNBC) March 4, 2020
Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.— YS (@NYinLA2121) February 27, 2020