"600 points" is meaningless to 99.99% of people

Well it's below 50,000 now so it must be time to panic

Gold & Silver going up up up
VIX up up up

So yes people with money are panicking

The DOW's over 50,000 49,500 49,000 48,500...

Hey! How can we talk about Epstein when the Dow Jones is below 50,000?!

Ok so now that the Dow isn’t over 50k is bondinready to release the rest of the files orrrrrr

1.5%

these article are kinda funny as they treat 600 like its still 2000. Its like 1% from 50000. 2008 it went from like 12k to 6k and nearly halved. The dot com it was like 25%. The market is completely disconnected from day to day life at this point

Is the Dow low enough to prosecute child rapists now?

Somebody needs to check with Pam Bondi about this. Apparently the Dow being below 50,000 means that President Trump needs to be investigated for raping children, according to her logic.

To people reading CNBC, it isn't. They write for their audience, it's in the second sentence of the article you didn't read ("1.6%"; if you want to consume the news as a series of disconnected headlines, that's your fault and problem), and it's extremely easy to translate to a percentage.

I swear sometimes people on link aggregators like Lemmy and Reddit act like those boomers who perplexedly review services they've never used as though they think everything they see on the Internet must be personally targeted at them.

Why the fuck would I read an article about a change in a ticker?

I swear sometimes people on link aggregators like Lemmy and Reddit act like those boomers who perplexedly review services they’ve never used as though they think everything they see on the Internet must be personally targeted at them.

Plenty of people do want to read about financial news, namely about why the ticker changed and its possible effects. If you don't, that's fine. Just check Yahoo! Finance or whatever for the ticker. Or don't. It's your life. But nobody has to or should accommodate your utter disinterest in reading anything past the headline.

They never report these "drops" and "crashes" as percentages, as it would kill the headline. Let's talk about the percentage of the existing number that still has true value.

Only the poor ones.

Market's a pump and dump now. Down 800 today, up 1200 tomorrow. Everything recovers in days or maybe weeks and always to new highs. Even covid recovered in less than a year. This is not a normal market, it's just pretending to be.

I sorta feel covid short circuited a long overdue correction that just has it being a pure fiction now. If we ever do get a real correction its going to dwarf anything historically.

Let’s see that Dow go back down to 10,000 when the world was a little more sane.

Its meaningless to the .01% as well. 1.2% is an ordinary daily fluctuation.

I wonder what that would entail. It's such a drastic change that is probably something big.

Oh good now we can start asking about Epstein again.

Since they trim from the bottom around here, it means unless you’re a C-suite executive you’d lose everything.

Yeah. But that’s only in dollars. Not points.

These tariff announcements, like last year's, seem like another scam to buy up cheapened stocks

The ones that invested in the dow

I guess it's like a barometer for morals: the lower it goes the bigger the storm