The Dow Tanks 200 Points Amid Sextuple-Whammy Of Bad News

Bad news abounds this morning:

  • There’s the realisation that Bernanke doesn’t want QE3.
  • The Greek austerity move isn’t going well.
  • Initial claims were bad.
  • Chicago Fed was bad.
  • The debt ceiling negotiations just collapsed.
  • And the IEA is desperate, pulling down oil prices.

So, the Dow is down about 200.

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.