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The Closing Bell: Dow Drops More Than 180 Points As Crisis In Turkey Spooks Global Markets

TedTed
edited August 2018 in The Bullpen
FYI: U.S stocks fell on Friday as a deepening crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies.
At the heart of the crisis was a slump in the Turkish lira, which worsened after President Donald Trump doubled tariffs on steel and aluminum imported from the country.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-08-08/asia-stocks-signal-decline-on-trade-kiwi-slips-markets-wrap

Reuters:
https://www.reuters.com/article/us-usa-stocks/turkey-turmoil-rattles-wall-st-banks-take-a-knock-idUSKBN1KV1A4

IBD:
https://www.investors.com/market-trend/stock-market-today/small-cap-stocks-lead-goldman-downgrades-intel/

MarketWatch:
https://www.marketwatch.com/story/stocks-close-lower-sp-500-dow-book-weekly-losses-2018-08-10/print

CNBC:
https://www.cnbc.com/2018/08/10/us-markets-political-concerns-keep-investors-on-edge.html

Bonds:
https://www.cnbc.com/2018/08/10/us-bonds-and-fixed-income-economic-data-eyed.html

Currencies:
https://www.cnbc.com/2018/08/10/turkish-lira-loss-deepens-as-pm-erdogan-calls-for-citizens-to-convert-.html

Oil:
https://www.cnbc.com/2018/08/10/oil-markets-us-china-trade-dispute-in-focus.html

Gold:
https://www.cnbc.com/2018/08/10/gold-prices-buoyed-by-global-political-tensions.html

WSJ: Markets At A Glance:
http://markets.wsj.com/us

SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Negative
https://finviz.com/futures.ashx
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