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Why is the stock market dropping so much today?

I just saw that the Dow is down a lot today. What's going on?


Asked by Anonymous at 5:09 PM on May. 20, 2010 in Politics & Current Events

This question is closed.
Answers (7)
  • Reports are just in. Unemployment took another big jump upwards, Greece has massive protests, EU isn't looking good. All those add up to worries for investors.

    Answer by mancosmomma at 7:29 PM on May. 20, 2010

  • There are worries about the European Economy. I just saw an article about it online. It was a headline at AOL. That will explain it,I think.

    Answer by gertie41 at 5:38 PM on May. 20, 2010

  • Did Obama open his mouth?! There is usually a connection!! LOL :o)

    Answer by LoriKeet at 7:02 PM on May. 20, 2010

  • Wasn't it a week or two ago it dropped like 1000 points then shot back up 700 in the same day?? Something funky is going on; but I'm soooo far not a money girl that I couldn't begin to guess what it means...

    Answer by beachmamaof2 at 10:07 PM on May. 20, 2010

  • Europe is a mess. And since all the world economies are tied together, what happens in Europe effects us.

    Answer by 29again at 10:36 PM on May. 20, 2010

  • Did Obama open his mouth?! There is usually a connection!! LOL :o)
    LMAO, I believe he did a press conference....HA!!

    Answer by jewjewbee at 8:41 AM on May. 21, 2010

  • Lets see, Greece is bankrupt and the rest of Europe is following closely behind. That started it. Todays drop is from the legislation the Senate passed on financial regulation. (looks like it's working great already) We will all be broke in a week so we won't have to worry about it. Look at the bright side. Gas is down ...... for now.

    Answer by itsmesteph11 at 9:37 AM on May. 21, 2010