Why is the stock market freaking out today?

The Dow was set to open 1,300 points lower, and the broader market is on pace to plunge 4.5% Monday. The Nasdaq, full of risky tech stocks, was on pace to drop an alarming 6% and all of that comes amid a global market meltdown. CNN's Rahel Solomon reports.

#cnn #news

[V.stones]

I checked my portfolio this morning, and it’s not looking good.

[Adambarking]

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich

[gregorywhem]

Truth is that the market is really panicking at this moment and I'm worried what effect this frenzy could have on my portfolio of about 80k. Could you make any recommendations on how I could preserve my portfolio during this period and also make profit from the market situation?

[PhilipMurray]

The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

[CrystalJoy-]

In these unpredictable times, it's crucial to manage money wisely and invest prudently. My $240k reserve has been idle with little profitis not increasing more than 5% and people are predicting a crash, inflation is eroding my savings. I need a solution to protect and grow my funds.

[sandhyasooryan]

Buy NVDA200K Now or remain poor forever!

[GregMerchant]

What I don’t understand is, on one hand we are told the stock market is crashing and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over 150k, but I'm uncertain about risk mitigation strategies.

[tahirisaid]

The recent stock market crash, losing about 1.7 trillion in just 24 hours, is a stark reminder of how volatile the market can be. It's a challenging time for many investors, but it's crucial to stay informed and make decisions based on long-term goals. This underscores the importance of having a diversified portfolio and a sound investment strategy, ideally with guidance from a financial adviser to navigate these turbulent times effectively.

[CorvusTX]

This is what happens when you base your economy on the direction the wind blows.

[Ahira]

NVDA200K is absolutely going to hit 10 - 50 this year.. don’t be fooled guys, now is the time to buy NVDA200K!!! Trump has changed this market with what happened, all the whales know capital gains tax will be lowered with him in office. I am buying more today! Don’t miss this train!!

[HMLONDA]

Life is always a win-win situation because while Bitcoin and Ethereum are crashing, NVDA200K is booming. Lets go NVDA200K!

[aaronhrynyk]

CNN will not be honest about why the markets are crashing

[pandamoniummvic]

this guy completely discredit himself when he said that inflation is down to zero

[tbkn]

Why hasn't Harris done a press conference and even better, why hasn't CNN demanded that she take questions?

[Aryandadve]

Thank you for your honesty and transparency. It's refreshing to see someone acknowledging the harsh reality of rising prices, which are leaving many of us feeling battered and bruised.While I'm grateful to be in a position to absorb these costs, my heart goes out to those who are struggling to make ends meet and can't afford their basic necessities. made $38k from my little invested $11k regardless of how bad it gets on the economy.

[philippusgouws]

That stock belongs to 1 % of the world's richest people and the poor will pay

[AK]

A friendly reminder that the entire stock market is owned by 10% of the population. It's a big club... 🙄

[icucmerc]

Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security

[daniellarusso]

The wealthiest 1% of Americans own 50% of all stocks.
The wealthiest 10% of Americans own 93% of all stocks.
The poorer 50% of Americans own 1% of all stocks.
How about that capitalism baby! :)

In Japan, there's a saying "when the U.S. sneezes, Japan catches a cold." :-)