US Stocks Plummeted Like &Nbsp; In 2008, The Financial Crisis Was Reprinted.

U.S.A

"The market is like a waterfall".

The market remains pessimistic about the outlook for the US economy and the European debt crisis, causing the stock market to plummet on that day.

The previous day's rally has now been widely judged by market analysts as a "false impression". The Fed's decision is not at all saving the market.

The sudden closing of the previous trading day

All kinds of bad news in the international market, especially the rumor that the sovereign credit rating of France may be down, and the worsening of the Greek debt problem, is a panic to the market.

The Dow Jones Industrial Average Index of 30 industrial stocks dropped sharply by 300 points.

On the 10 day, the US stocks were all in the doldrums.

At the close of the New York stock market, the Dow Jones index fell 519.83 points over the previous trading day, closing at 10719.94 points, or 4.62%, while the standard & Poor's 500 stock index fell 51.77 points to 1120.76 points, or 4.42%, while the Nasdaq composite index fell 101.47 points, or 2381.05 points, or 4.09%.

Analysts are worried that the current trend in the US market is a replica of the 2008 financial crisis.

From September 2008 to December, the US stock market went down in a severe concussion, with up to 27 days' rise and fall of over 4%.

Gold prices and US debt continue to be favored.

The market is eager to seek refuge. Gold has become the first choice.

International gold prices surged on that day. The New York Mercantile Exchange's gold price in December closed at $1784.3 an ounce, up 41.3 dollars from the previous trading day, making a breakthrough of 1800 dollars in intraday trading.

US Treasuries are also unusually sought after by the market.

The US Treasury Department sold $ten worth of treasury bonds worth $24 billion that day, and the bid rate reached a record low of only 2.14%, but it was soon sold out.

At the end of the New York market, the yield of us ten - year treasury bonds fell to 2.09%, down 14 basis points from the previous trading day. This shows that the US is still one of the safest investment products.

How to break the crisis?

Serious problems in the two major markets of the United States and Europe have not yet been alleviated.

Bitos, chief analyst of the Belgie investment company in the US, said Bruce's doubts about the two recession in the US economy are increasing. But the US government and the central bank have not given any indication of future economic policies, which has exacerbated uncertainty.

Goldberg, a US economist, told the China news agency that the US government "almost lost all its cards", and the possibility of the recent implementation of the new quantitative easing (QE3) is relatively low.

He believes that the US economy is likely to fall into a prolonged downturn and that the financial crisis needs to be on the alert.

He said that the current crisis is global, and that the debt crisis of the US and Europe will not only hit the US, but also the emerging economies like China.

He believes that only the joint efforts of major global economies can save the world economy from the brink of crisis.