Why did the Dow go down? How does this decline compare to other famous declines (Great Depression, 1987, 9-11)? What will you do with your stocks? Is this a time to buy since prices went down? Explain.
This apparent decline in global stock markets was due to the fact that in tuesday China's stock market went down by a 9%. This incident made this globes economy shake. This disaster brought 416 pts on the Jones Dow making many companies loose millions of dollars. This decline relates to the Great depression decline since during that time period brought devasting effects to indrustriliazed countries. Sine the stocks went down and also the prices of the shares of many companies, Im going to take this opportunity to buy more stocks for less money, since eventually the stocks are going to go up, and I will earn more money by investing very little.
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