Thursday

Dow has ground breaking loss

by Jared Fruland

The Dow Jones Industrial Average fell today a drastic 112 points. This is very shocking compared to the amazing increases the market has been yielding the past few months. Just yesterday the Dow gained a significant 89 points. The main reason for this, Inflation. The inflation explanation direct from CNN Money is; Stocks slumped Thursday, with the Dow industrial losing more than 100 points one session after hitting a record high after a weak housing report and a spike in Treasury bond yields revived worries about interest rates and the economy.
The Dow Jones Industrial average (down 119.21 to 12,502.56,) lost 119 points, its biggest one-day decline in almost two months. The blue-chip barometer had ended the previous session at a record close.

So the main reason for declining point in the Dow is due to inflation and treasury bond yields. My recommendation is to hold all shares in the Dow Industrial Average.

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