The stock market took yet another beating with the Dow Jones and the NASDAQ both dropping between 5 and 7%. Twitter users chimed in en masse on the information network Monday, with a majority blaming S&P for the meltdown.
NM Incite, a social research service from Nielsen and McKinsey, did some fast analysis of tweets and found that “tweets were overwhelming negative with almost half of all messages expressing concern for the economy or fault-finding.”
Forty-seven percent of tweets were negative in tone, 10% expressed mixed reactions, 38% were neutral and just 5% had a positive quality to them, NM Incite found.More than one third (38%) of Twitter messages took Standard and Poor’s — which downgraded the United States’ credit rating from AAA to AA+ on Friday — to task, blaming the market intelligence company for its role in Monday’s collapse.
Despite the seriousness of the situation, a large percentage (19%) of tweets also expressed humor or sarcasm in the form of 140 character jokes relating to the stock market free-fall, according to NM Incite’s data.Did you take to Twitter to discuss the stock market? See the charts below and share your reactions to NM Incite’s findings in the comments.
Images courtesy of NM Incite
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