Market Drowns in Sea of Oil; Dow Plummets 394

[HSmomto4]

The Dow Jones Industrial Average slid 394.64 points, or 3.13% to 12209.81, the Standard & Poor’s 500 index dropped 43.37 points, or 3.09%, to 1360.68 and the Nasdaq Composite Index lost 75.38 points, or 2.96%, to 2474.56. The consumer-friendly Fox 50 fell 29.10 points, or 2.95%, to 957.35.

http://www.foxbusiness.com/story/markets/oil-data-swallows-market-open/

[stonewallfan]

Here is a thought. Can it get worse? Used to be could go to the gas station to get gas for the lawn tractor. Today to get gas for it is what I use to spend on my car to fuel it a few years ago. THis is spooky how much can the tractor trailers take. Talked to a guy today who manages a rail road freight yard. He said train manafest for the car manufactures is down quit a bit but other manafest are up because the truck companies have a sur charge on their frieght due to gas so companies are passing the $$ to the customers so it is cheaper to haul with the railroads