Posted April 15, 2019 06:12:10There is a lot riding on the outcome of this week’s stock market market crash, and the stock markets are set to plunge.
It is unlikely that the Dow will collapse to a near-zero number, but it is possible that a massive correction could take place, with the market tumbling as much as 30 percent.
The S&P 500 will fall 2 percent and the Nasdaq will fall 10 percent.
A total of 15,834 companies are on the Nasd, which is down about 10 percent from last year.
The Dow has fallen 4,722.2 points, or 5.7 percent, since it closed at 2,988.1 on Feb. 12, 2019.
Many investors are betting on the Trump administration’s tax plan to lower corporate taxes, which would give companies a much-needed break on their profits.
This is a major reason that stocks are up this week.
But a big reason is that Trump has promised to cut taxes on all Americans and the U.S. economy is looking much healthier than it has in a long time.
In recent weeks, the stock-market rally has been fueled by optimism that the U-turn on the tax plan will be a turning point for the economy.
But now, the market is heading for a major correction.
The Dow Jones Industrial Average, which measures the performance of about 500 large U.K.-based companies, has lost nearly 2,000 points in the past month, or almost half of its gains in the decade-long bull market.
The S&s has lost about 2,100 points, which equals about 2.5 percent.
The Nasdaq Composite has lost 1,500 points, with its biggest drop since late 2017.
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The stock market is on an upward trend, but the stock crash is likely to be a big part of the story.
While stocks are currently at record highs, there is a growing risk that the market will plunge further.
A decline of up to 30 percent in the S&ing would put the Dow below its all-time high.
The U.P.S., which is up about 8 percent in recent weeks.
The Russell 2000, which has been gaining about 4 percent.