U.S. markets are eating stuff

[Thar]

I go in there with my dad and turn on MSNBC about 30 seconds before the markets open and BOOM! In the first 30 seconds the Dow Jones Industrial Average goes down 200 points. The NASDAQ and the S&P 500 also took huge hits.

Everything is down except for precious metals and metal companies.

This is a result of the U.S. credit rating falling from a AAA to AA+

/discuss

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[Jokey365]

GREAT JOB AMERICA! GREAT JOB!

[Thar]

I've also heard scattered reports of other world markets doing the same. If you are an investor, get out of tech and invest in precious metals. The Dow is predicted to go down 300 points today so gold, silver, and platinum are going to go up.

[BobSevenSevens]

I watched the opening on CNN, it was a major drop :(

Also, Asian markets went down 3.8% during last night.

[Colten]

Bisjac is probably very happy

[Mega-Bear]

I sold my Dow Jones stock before any big drops, so I'm kind of glad. Though I've invested quite a bit in the United States Steel Corporation and it's steadily rising, at a slow rate though. Overall I'm doing all right. :D