Tweeting the market plunge
With world markets experiencing losses, Twitter chimed in on the global economic panic.
A dip in Chinese stocks on Monday has sent other world markets sliding, with the Dow Jones falling more than 1,000 points at its open.
China’s main index dropped 8.5 percent — its biggest one-day drop since 2007 — in the wake of concerns about a slowdown in the country’s economy.
Here’s a brief Twitter history of Monday’s chaotic morning and afternoon:
Officially busiest trading day on Wall Street since Oct 2011 – more than 12.3bn shares traded with 14 minutes to go http://t.co/blqQWnINpM
— Eric Platt (@EricGPlatt) August 24, 2015
More: Already more than 11.5bn shares have traded hands on the NYSE, Nasdaq and NYSE MKT http://t.co/blqQWo0oOm pic.twitter.com/NMEDz7nmeV
— Eric Platt (@EricGPlatt) August 24, 2015
Dow off 682 now
— Joseph Weisenthal (@TheStalwart) August 24, 2015
Here's how your S&P intraday chart (going back to Friday) is looking. Warning: may cause dizziness. pic.twitter.com/bJgILEq2CP
— Neil Irwin (@Neil_Irwin) August 24, 2015
This is wild. GE lost and gained $50 billion in market cap in a matter of minutes. https://t.co/08yU9RDith
— Joseph Weisenthal (@TheStalwart) August 24, 2015
Look, it doesn't matter what you bought or what you sold. The important thing is that you panicked.
— Downtown Josh Brown (@ReformedBroker) August 24, 2015
Dow's comeback, if it holds, is rare:
Only 2x has Dow closed with a sub-3% loss .. after being down 6% intraday.
(via @HumOnTheMarkets)
— Carl Quintanilla (@carlquintanilla) August 24, 2015
"and why do they even call it a bear market it is not our problem tbh" pic.twitter.com/p9Rq4Ihc29
— darth™ (@darth) August 24, 2015
Exxon hit $66 this am.
Other intraday lows:
@CNBC (Via @HumOnTheMarkets) pic.twitter.com/Rtw8qqMqZ6
— Carl Quintanilla (@carlquintanilla) August 24, 2015
Incredible. The Dow is up about 700 points from where it was right after the opening bell. pic.twitter.com/JkieUHDKw0
— Joseph Weisenthal (@TheStalwart) August 24, 2015
$CELG 23% off this morning’s lows.
$NFLX 11% off this morning’s lows.
$AAPL 12% off this morning’s lows
Not a typo.
— Downtown Josh Brown (@ReformedBroker) August 24, 2015
Dow's down 6.5% this morning after dropping 5% in the last two trading sessions last week @CNBC
— Kelly Evans (@Kelly_Evans) August 24, 2015
Yield on the 10yr back below 2% now…latest 1.95%
— Kelly Evans (@Kelly_Evans) August 24, 2015
The Fed is looking at a very different dollar than Wall Street is. http://t.co/wdDbRKsWt5 via @MsAndreaWong pic.twitter.com/cpCyzKUUVL
— Joseph Weisenthal (@TheStalwart) August 24, 2015
Chinese stocks got destroyed last night and have now given up their gains for the year. http://t.co/qkd1UjW0Vd pic.twitter.com/scu4iE8HfY
— Joseph Weisenthal (@TheStalwart) August 24, 2015
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