kittyabs
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| Joined: 24 Feb 2011 |
| Total Posts: 10297 |
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| 08 Jul 2015 12:00 PM |
DEVELOPING: THIS JUST IN: A GLOBAL STOCK MARKET CRASH IS OCCURING AFTER THE NYSE SUFFERED AN UNEXPECTED AND UNEXPLAINED SHUT DOWN DUE TO "TECHNICAL DIFFICULTIES"
while investors cannot currently access their NYSE shares, they are selling their other stocks which has caused a global rippeling effect. Markets sucha as NASDAQ, the Euronext, London Stock Exchange, as well as several asian exchanges are seeing shares in most companies plummeting.
European shares in the Euronext and London Stock Exchange were already on a downward fluxuation after investors were unsure if their money was safe because of a possible greek exit of the eurozone, due to the greek financial crisis.
And asian the entire asian market was being severely effected after continuing drop in chinese shares spread. The 24% drop in the Shanghai Stock Exchange and the Shenzen Stock exchange has continued despite government efforts in Beijing to curb the sharp drop, many are anaylysts have seen that China's heavy borrowing and massive development formed a bubble which has finally burst, similar to what happened to the US housing market in 2008. Nevertheless, the Chinese economy's downward spiral spread to the Hong Kong Stock exchange and the Tokyo Stock Exchange.
But now because of the NYSE shut down investors are rushing to sell their shares in bulk causing a global economic shut down, which is considerably worse than the 2008 financial crisis.
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3eh
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| Joined: 24 Jul 2013 |
| Total Posts: 3505 |
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kittyabs
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| Joined: 24 Feb 2011 |
| Total Posts: 10297 |
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| 08 Jul 2015 12:04 PM |
CYBER ATTACK HAS JUST BEEN RULED THE REASON FOR THE TECHNICAL DIFFICULTY, THE FBI BELIEVES IT TO BE RUSSIAN HACKERS.
MAJOR NEWS NETWORKS HAVE JUST BEEN BRIEFED THAT PRESIDENT OBAMA WILL BRIEF THE NATION ON LIVE TELEVISION WITHIN THE HOUR.
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:06 PM |
what's your source
cnn says that they tweeted that it wasn't because of a cyber attack, and i haven't seen any market crashes the dow has gone down a bit but other than that (then again I haven't looked at many markets) |
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kittyabs
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| Joined: 24 Feb 2011 |
| Total Posts: 10297 |
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| 08 Jul 2015 12:07 PM |
look at the shenzen and shanghai stock exchanges
theyre going down so fast/
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:10 PM |
| hang seng is worse than shanghai and senzhen |
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| 08 Jul 2015 12:10 PM |
traders are complete idiots lol
sell your share if you are a moron
if they waited for the market to get back up everything would be fine |
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:10 PM |
well
hang seng lost more but it's bigger, so i guess shanghai is a little worse than hang seng |
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| 08 Jul 2015 12:11 PM |
| I see it on yahoo and cnbc |
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Neviro
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| Joined: 16 Mar 2015 |
| Total Posts: 1075 |
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| 08 Jul 2015 12:11 PM |
oh noez!
Cut for Sev-Uh-Row, Cut for the Lion. | Dreygonian gone ripperononi in pepperoni. |
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kittyabs
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| Joined: 24 Feb 2011 |
| Total Posts: 10297 |
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| 08 Jul 2015 12:12 PM |
| guys our parents are gonna be fired/ |
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adrien99
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| Joined: 01 Aug 2007 |
| Total Posts: 6261 |
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| 08 Jul 2015 12:12 PM |
"cnn says that they tweeted that it wasn't because of a cyber attack, and i haven't seen any market crashes the dow has gone down a bit but other than that"
why are you reading CNN |
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:14 PM |
| idk what the reliable news sources are these days |
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| 08 Jul 2015 12:15 PM |
| Just because the market is down doesnt make the companies any less valuable so why are people selling their shares lol |
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kittyabs
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| Joined: 24 Feb 2011 |
| Total Posts: 10297 |
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:17 PM |
if the market crashes and continues to crash then the value of the shares goes down
...i think |
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| 08 Jul 2015 12:17 PM |
| I don't really see many people rushing to sell their stocks, you sure? |
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:18 PM |
| wait, 24% drop? i'm not seeing anything higher than 5.9% |
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zach0976
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| Joined: 23 May 2010 |
| Total Posts: 566 |
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| 08 Jul 2015 12:21 PM |
| The FBI doesn't investigate foreign crimes. |
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Z007
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| Joined: 14 Sep 2010 |
| Total Posts: 11729 |
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| 08 Jul 2015 12:22 PM |
| i'm pretty sure the fbi's cyber division would investigate a cyber attack.... |
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| 08 Jul 2015 12:23 PM |
only on us companies
and there was no cyber attack |
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| 08 Jul 2015 12:24 PM |
[18:12:38] kittyabs: guys wanna mess w/ c&g
[18:13:02] kittyabs: make a thread saying something about the stock market collapsing [18:13:06] kittyabs: I just wrote a thread [18:13:11] kittyabs: if u google it it loks half true [18:13:18] kittyabs: cus the Chinese stock market is down and the NYSE is closed [18:13:24] kittyabs: no seriously do it [18:13:38] kittyabs: just makr that the title and be like "omg"
ok |
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Teranck
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| Joined: 24 Sep 2011 |
| Total Posts: 9 |
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