Stocks fell to session lows on Monday after a report said Deputy Attorney General Rod Rosenstein is resigning from his post.
The Dow Jones Industrial Average traded 160 points lower, while the S&P 500 fell half a percent. The Nasdaq Composite also traded 0.4 percent lower.
Axios reported, citing a source with direct knowledge of the matter, that Rosenstein would step down from the role. "He's expecting to be fired," according to Axios' source. Bloomberg News later reported the White House accepted Rosenstein's resignation.
Why would the market fall? Deputy Attorney General has nothing to do with the economy.
Also please keep the political stuff out
Submitted September 24, 2018 at 11:15AM by Pick2 https://ift.tt/2Id7CLh
