Dow Jones Industrial Average Today Slumps After Weak Earnings, Lower Oil Prices

The Dow Jones Industrial Average today snapped a nine-session winning streak, slumping after weaker earnings, falling oil prices, and a short-term end to the global sugar high of falling interest rates and more stimulus.

The markets got off to a rocky start after the European Central Bank said it will not slash interest rates this month. The ECB will keep its key rate at 0% and its savings deposit rate at -0.40%. That means that anyone with a savings account must pay banks money to store their cash in their vaults.

Meanwhile, the Bank of Japan isn't quite ready to throw the full kitchen sink at its ongoing liquidity trap. Japanese central bank governor Haruhiko Kuroda said that he's ruling out "helicopter money" to boost inflation and growth in the world's third-largest economy.

Money Morning Capital Wave Strategist Shah Gilani continues to argue that two central bank lies and misdirection could trigger a market crash.

Today was a wild day on Wall Street, and investors might have missed several profit opportunities if they weren't paying attention. We'll get to them in a moment.

First, check out the results for the Dow JonesS&P 500, and Nasdaq:

Dow Jones: 18,517.23; -77.80; -0.42%

S&P 500: 2,165.17; -7.85; -0.36%

Nasdaq: 5,073.90; -16.03; -0.31%

Now, here's the top stock market news today… and your best ways to profit.

DJIA Today: Intel Slumps, Airline Stocks Crater, and Oil Prices Fall Thursday

The Dow Jones dropped more than 77 points, while the Nasdaq shaved more than 16 points off after Intel Corp. (Nasdaq: INTC) reported weaker than expected earnings and fell more than 4% on the day. Markets also didn't care for the lack of stimulus from global central banks.

On the earnings front, shares of Southwest Airlines Co. (NYSE: LUV) fell 11% after the firm missed earnings and revenue expectations. The firm also lowered its forward outlook, prompting a sharp sell-off of airlines stocks. Shares of American Airlines Group Inc. (Nasdaq: AAL) fell nearly 3%, Delta Air Lines Inc. (NYSE: DAL) dipped 4.3%, and United Continental Holdings Inc. (NYSE: UAL) fell 3.7%.

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Disclosure: None.

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