Dow Drops 160 Points At Opening

I Timothy 6:9-10 But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

The Dow Industrial Average fell 160 points Monday morning (1.2%) over concerns of economic instability in Europe and China.

Impending power changes in the French and Dutch governments are causing concern among world wide investors.

The Dow was also dragged down by a dip in the stock price of retail giant Wal-Mart after revelations of a bribery scandal involving the retailer’s Mexican division. Shares dropped 5% for the company and 12% for it’s publicly traded Mexico Unit. Wal-Mart says it’s investigating the charges.

Douglas DePietro, head of equity sales trading for Evercore, told CNNMoney that more disruption could happen later this week as major corporations are due to report earnings for the first quarter and a statement from the Federal Reserve Chairman on Wednesday.

One thought on “Dow Drops 160 Points At Opening

  1. THERE IS AN OLD SAYING”…THAT WHAT GOES UP MUST COME DOWN….THE STOCK MARKET IS LOADED WITH FALSE HOPE AND LIES…OUR MONEY IS MADE IN GOD WE TRUST…WHEN OUR MORALS FALL,,SO GOES THE STOCK MARKET..THE TITANIC[USA] IS ABOUT TO SHOW SIGNS OF IT’S SINKING…THE STOCK MARKET IS GOING TO REFLECT THIS BIG TIME..WE ARE REPEATING HISTORY,,,THE ONLY THING MISSING IS THE GREAT REVIVAL THAT BROUGHT US SURVIVAL…GOD GRANTED US VICTORY IN WW2,,,ARMY CHRISTIAN SOLDIERS…EVEN MADE ISRAEL A NATION…THIS MUST BE EITHER THE LOST GENERATION OR THE LAST GENERATION BEFORE JESUS RETURNS…THE BIBLE SAYS THAT IN ORDER TO EAT WE MUST WORK….WE HAVE USED UP ALL OF OUR CREDIT,,,EAT IT UP…PAY DAY IS JUST AHEAD..WHO IS OUR DEBTOR?????GOD,CHINA OR THE WORLD BANK…WELL,THIS COMMENT BEGAN ON THE USA SINKING…HOW//?THE NATIONAL DEBT,,OUR MORALS,,OUR FAITH,,OUR UNITY,,OUR HOPE ,,OUR FUTURE,,DEATH IS COLD// AS WAS THE WATERS THE TITANIC SANK IN..THE ANTI-CHRIST HAS A SINGLE EYE….A CYCLOPSE..STRANGER IS THAT ALL TV’S,COMPUTORS,PHONES HAVE BUT ONE SINGLE VISION…A COMMUNICATION SYSTEM WITH ONE EYE THAT IT MONITORS WITH…WE ARE GIVEN TWO…SPIRITUAL AND PHYSICAL…I AM REMINDED HOW THOSE ABOUT TO DIE SANG HYMS,AND TRIED TO FIND HOPE,,,YET THE SHIP CONTINUED TO SINK…IT BROKE IN TWO PARTS…THOSE THAT BELIEVED AND THOSE DID NOT BELIEVE GOD WOULD LET IT SINK….SOME DID SURVIVE..TO TELL THEIR STORY.IN 100 YEARS,,HAVE WE LEARNED HOW NOT TO LET PRIDE SINK US?????PRIDE GOES BEFORE A HAUGHTY SPIRIT,,AND A HAUGHTY SPIRIT BEFORE A FALL…BE HUMBLE AND RISE—BE PROUD AND FALL..IN GOD WE TRUST?????

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