Team Thayer Property Servicing

The performance of the stock market Monday morning brought about some anxiety among big U.S. businesses and other stakeholders while the Dow Jones  dropped by 1,000 points and spent the rest of the day fighting its way back toward the break-even point. The morning started with an 8.5 percent drop in China's Shanghai Composite Index, which erased all the gains made by the world's second-largest economy so far in 2015. At 9:30 a.m., the Dow Jones began its 1,000-point drop from 16,459 points down to 15,454, which was completed in just 10 minutes. It closed Monday down 588 points, a decline of about 3.57 percent. "The interesting near-term impact is on the Fed’s September decision to raise rates or not.  Market sentiment was split roughly even before this event. Today it’s tilting toward no action in September." For many, the Dow Jones' steep decline on Monday removed any doubt as to whether the  Federal Reserve will raise interest rates, which have bee...