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Stockreport

The Stock Market's Historic "Plunge": 6 Things You Need to Know [The Motley Fool]

JP MORGAN CHASE (JPM)  More Company Research Source: The Motley Fool
Last jp morgan chase earnings: 10/12 06:46 am Check Earnings Report
PDF Here's a laundry list of reasons why you shouldn't be worried about a downturn in stocks. The curse of October strikes yet again. Historically known as one of the rougher months for investing in the stock market, October has made its presence felt over the past couple of days, with the piece de resistance being the perceived train wreck for all three major indexes during Wednesday's trading session. When the gavel struck at 4 p.m. EDT on Oct. 10, the iconic Dow Jones Industrial Average ( DJINDICES:^DJI ) had fallen by 831.83 points, which represented the third-largest single-day point decline in its 122-year history. The broader-based S&P 500 ( SNPINDEX:^GSPC )  shed 94.66 points, which chimes in as its fourth-largest single-session point decline of all time. Finally, the tech-centric Nasdaq Composite ( NASDAQINDEX:^IXIC ) tumbled 315.97 points, which matches the Dow for the third-largest point decline in its storied history. Not surprisingly, the words [Read more]

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