Chapter 546: Plummeting by 500 Points

Before the morning opened, the traders around them began to get busy, and everyone had a solemn look on their faces, as if they sensed that something was going to happen today.

In the past two days, Louis Wang has not been idle, made a few phone calls to ask friends who work on Wall Street, and got unfavorable news, a large number of customers are not optimistic about the stock market, this sentiment is likely to cause today's stock market to open with a plunge, but all traders have also made their own predictions, even if it plummets, the Dow Jones index will remain around 2,000 points, which is a minimum support point, which will not be easily broken.

When the Dow Jones index closed on Friday, it was close to 2,300 points, which means that it could only plummet by 300 points in today's worst case, which is much worse than Liu Lang's 500 points, which made Louis Wang a little restless.

"When, when, when" the hurried and dull opening bell rang, and the New York Stock Exchange began a new day.

Liu Lang and the four of them looked at one of the screens showing the Dow Jones Average Index, and saw that the market fell from 2,300 points to 2,230 points in a moment, but in a blink of an eye, all the screens were a miserable green color.

Selling orders are surging, and under the pressure of the swarming rolling selling, whether it is Dow Jones, Nasdaq or Standard & Poor's, all of them have turned over the green disk, and there is no red wave in sight.

"How?"

There was a panic in the exchange, and all the traders were a little stupid when they looked at the green screen all over the screen.

The stock market is like this, and the futures market is also in chaos, and Liu Lang and several people stared at the Dow Jones index and didn't dare to blink.

From the opening of the morning until 11 o'clock, the Dow Jones index had been falling, and no one knew how to contain the worsening situation, so they could only watch stupidly.

Just after one o'clock in the afternoon, a terrible piece of news reached the Wall Street stock market, and David Luther, chairman of the US Securities and Exchange Commission, was speaking in Washington.

"At a critical moment, although we don't know when this critical moment will be, I will discuss with the stock exchange the temporary closure of the exchange. ”

This news caused even more panic, because once the exchange was closed, traders would not have time to dump their shares in the future, their shares would be worthless, and thousands of dollars would be reduced to ashes. As a result, they had to quickly "dump stocks". The Dow Jones index was like a fascination, and by 2 o'clock in the afternoon, it had fallen by 350 points, successfully breaking through the 2,000-point mark, reaching the lowest point in three years, and the screen showed that the stock turnover had reached more than 400 million shares.

However, before three o'clock, officials from the Securities and Exchange Commission came forward to clarify that they had not discussed the closure of the exchange, but it was too late, the situation could not be stopped, and the stock market crash had already formed.

The most worrying thing is that the computer processing system is more than 100 minutes behind the actual transaction speed, and many transactions cannot be completed instantly, which makes those who want to sell stocks very dissatisfied, and many people drive directly to the scene, pointing at those traders and scolding, and the whole exchange has become a big market.

At three o'clock in the afternoon, the Dow Jones index rebounded, and rose to two thousand points again, the stock price trend seemed to be showing signs of good, so that everyone saw a glimmer of hope, but this hope was quickly dashed, the rebound only lasted for a moment, around three and a half, the rebound was blocked, a new round of downward trend was formed here, at this time, there was only more than an hour left from the close, everyone hoped that this was not an hour, but only a minute, because then they could end this hellish day, but this was just a luxury, in this short and long more than an hour, the Dow Jones index crazy diving, 1,900 points, 1,850 points, as the stock index fell, the stock turnover also reached 300 million shares.

"Crazy, crazy, crazy......... I can't stand it.........!"

Sun Mingren and Louis Wang didn't even have the strength to speak, and their heartbeats were always about 100 beats that day, but fortunately they were both young people, and if they were old, they would have gone to the hospital to lie down.

"There are ten minutes left, and victory or defeat is here!"

Liu Lang stared at the Dow Jones index, at this time there are still ten minutes before the close, the market index is 1,802 points, and there are still 10 points away from the target of falling 500 points, these ten points represent 90 million US dollars, which is really 10 million!

"When, when, when!"

When the closing bell rang, the Dow Jones closed at 1,791 points, opening at 2,298 points, down 507 points in a day.

"I'm .........!"

When they saw the closing index, Sun Mingren and Louis Wang almost jumped up, but they only felt that their legs were weak, let alone jumping, they had to hold on to the chair even if they stood up, and they wanted to shout three times, but they saw the mournful appearance around them, and they held back.

At this moment, the vice president of the Yongli Group, "James", was standing in an inconspicuous corner of the door, and when he saw the Dow Jones market index closing at 1,791 points, his body also shook violently, and he was fortunately leaning against the wall, otherwise he would have fallen to the ground.

"Up......... Emperor, what the hell, you made fifteen million dollars in one day? That little guy is God...... Those old guys are really delaying, they can make 60 million, but now they are only 15 million, what a bunch of fools!"

"Today's work is done, let's go first, and then come back tomorrow to settle accounts with the exchange, let's go!"

Liu Lang said hello, Sun Hu immediately stood up, today only Sun Hu is the most calm person, even if he also knows that he has earned more than 90 million US dollars, but he himself has no concept of much money, and he is indifferent to this.

The other two also staggered to their feet in their chairs, and until now they felt as if they were in a dream, and they didn't believe what was happening.

Back at the residence, Liu Lang immediately called, first told Huo Tianting, today the Hong Kong Island stock market is also plummeting, the Huo family's stock is also a heavy loss, reaching more than 10 million US dollars, but they made 30 million US dollars in the United States, inside and outside the net profit of more than 10 million, Huo Tianting was also a little incoherent when he heard the news, and then crossed the ocean to call Wang Zhendong, Wang Zhendong did not go out for a day today, just waiting for this call, when he heard that the 500,000 US dollars became 15 million in one day, he was happy and regretful, if it were not for the group of old people who did not dare to take too much risk, now Yongli Group has a huge sum of 60 million US dollars。

The happiest is, of course, Liu Lang, 1.5 million has become 45 million, all his consumption in the United States has come out, Sun Mingren and King Louis are also extremely excited, they also invested some money, although there are only a few tens of thousands, but after multiplying it by 30 times, it is a huge amount of money, and he has become a small rich man overnight, and this money is simply falling from the sky.