In this Wednesday, Nov. 7, 2012, photo, Luke Scanlon, left, of MND Partners Inc. works on the floor of the New York Stock Exchange in New York. Financial markets settled down Thursday, Nov. 8, 2012, after the turmoil of the previous day when concerns over the U.S. fiscal situation combined with renewed worries over the European economy to hammer stocks.
Henny Ray Abrams, ASSOCIATED PRESS
Hopefully the 2.4 percent decline in the stock market and the Dow Jones Industrial Average down 313 points was just a one-time adjustment for the election results and will not be a precursor to a whole series of them while the political process addresses this country's economic problems. To try to put the market's assessment of the election results into perspective, if you thought the $6 billion spent on elections was a waste, Wednesday's market decline was roughly equivalent to $900 billion.
Ivan Iverson
Layton
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The stock market has doubled since Obama became president. A 2% drop is nothing in that context.
Oh come on Ivan, the stock market started it's decline 30 seconds after the European President announced slow growth in the European market for 2013. It had absolutely nothing to do with the election. Once again, if Republicans don't face More..
Mountanman,
You and people like you are the primary reason the political conversation is so toxic in this country. You honestly believe that your beliefs are the only valid ones, and that the alternative must be the Apocalypse. That's More..