What’s behind the stock market sell-off?

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The markets are coming off the biggest two days of losses since February. The Dow Jones Industrial Average lost nearly 546 points Thursday, a 2.1 percent drop, on top of an 831-point plunge on Wednesday. The S&P 500 was also down 2.1 percent. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to discuss what’s behind the sell-off.

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Comments

Koushi says:

im expecting the sell off to be around base interest of 3-4% this was a bit earlier than expected to be honest.
base is at 2.25 right now.

Thats still way too low to be honest.

BigLBA1 says:

I see it as a sign that the fed has already decided to raise interest rates above the expected 4% and insider are selling off the stocks who will take a huge hit the moment the fed will announce it. Higher interest rates mean, less purchasing power for the working class, less consume, less customers for amazon, less adds and therefore less revenue for company running adds.
And that's exactly the companies that got the biggest hits. No coincidence.

Jay M says:

The fleecing has begun (hold on for life).

Brandon Joseph says:

It's all FAKE…

John Edward Jones says:

Jamie Diamond and Warren Buffet said they were concerned several weeks ago. David Stockman said this economy is built on false promises. A deck of cards. So-called Tax reform and skyrocketing national debt..#Not sustainable. Rich and corporations take their windfall and run.

Mark Tprodicus says:

END THE FED!

Guerrilla Gaming says:

I got in Activision while theres blood in the streets. The game they released today is going to be a BIG moneymaker. Hopefully it drops a little more so I can average down.

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