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The Closing Bell: Wall St. Falters As Trade Worries Weigh

TedTed
edited August 2018 in The Bullpen
FYI: Stocks fell on Thursday as an ongoing trade war between the U.S. and China and worries of renewed legal issues for President Donald Trump dampened investor sentiment.

All four major indexes finished down with the Dow, -.30% S&P50, -.17% Nasdaq, -.13% and Rut 2000 -.30%

Weak materials and energy sectors weighed on the market in what some strategists describe as a typical summer session characterized by low trading volumes.

Ten of the eleven S&P 500 sectors were in the red. Technology, XLK, was the only sector in positive territory
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-08-22/asian-stocks-set-for-modest-gains-dollar-slips-markets-wrap

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-st-falters-as-trade-worries-weigh-idUSKCN1L81BI

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-indexes-resilient-despite-trump-trade-war-angst/

MarketWatch:
https://www.marketwatch.com/story/stock-futures-flat-as-investors-digest-fed-minutes-2018-08-23/print

CNBC:
https://www.cnbc.com/2018/08/23/us-premarkets-china-retaliates-with-tariffs-jackson-hole-in-focus.html

Europe:
https://www.marketwatch.com/story/european-shares-tick-higher-but-bank-stocks-lower-2018-08-23/print

Asia:
https://www.marketwatch.com/story/asian-markets-wrestle-between-gains-and-losses-2018-08-22/print

Bonds:
https://www.cnbc.com/2018/08/23/bonds-and-fixed-income-us-treasury-yields-mixed-ahead-of-jackson-hole.html

Currencies:
https://www.cnbc.com/2018/08/22/forex-dollar-us-china-trade-talks-in-focus.html

Oil:
https://www.cnbc.com/2018/08/23/oil-markets-us-crude-inventory-us-china-trade-war-in-focus.html

Gold:
https://www.cnbc.com/2018/08/23/gold-dollar-in-focus-amid-expectations-of-a-rise-in-us-interest-rates.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
Quote


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