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The Closing Bell: Stocks Extend Losses As Tech And Energy Sectors Slump

TedTed
edited September 2018 in The Bullpen
FYI: U.S. stocks extended losses Thursday, with the S&P 500 and the Nasdaq turning solidly lower, as weak technology stocks again weighed on the broader market. The energy sector also fell sharply on the heels of a big decline in U.S. crude prices.

The tech-heavy Nasdaq saw sharp declines on Thursday as internet stocks faltered for a second day on concerns about increased regulation, while warnings from Micron Technology and KLA-Tencor led a slide in chip stocks.

Of the Eleven S&P 500 Sectors Consumer Staples, Healthcare, Industrials, Materials, Real Estate, and Utilities all were up. On the losing side were Communication Services, Consumer Discretionary, Energy, Financials and Technology.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-09-05/asia-stocks-face-losses-as-em-pressure-lingers-markets-wrap?srnd=premium

Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-09-06/your-evening-briefing

WSJ After The Bell:
https://www.barrons.com/articles/after-the-bell-dow-gains-20-points-in-one-mixed-up-market-1536270538

WSJ:
https://www.wsj.com/articles/global-stocks-drop-as-trade-threats-linger-1536220656
Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-takes-a-hit-from-chip-internet-stocks-idUSKCN1LM1LD

IBD:
https://www.investors.com/market-trend/stock-market-today/stocks-close-lower-semiconductors-plunge-nike-after-kaepernick/

MarketWatch:
https://www.marketwatch.com/story/dow-set-to-edge-higher-but-broader-stock-market-on-the-brink-of-3-session-skid-2018-09-06/print

CNBC:
https://www.cnbc.com/2018/09/06/us-markets-trade-concerns-with-china-and-canada-simmer.html

Europe:
https://www.reuters.com/article/us-europe-stocks/european-shares-hit-five-month-low-as-tech-miners-weigh-idUSKCN1LM0W2

Asia:
https://www.marketwatch.com/story/asian-markets-mixed-though-nikkei-sags-again-2018-09-05/print

Bonds:
https://www.cnbc.com/2018/09/06/us-bonds-and-fixed-income-bumper-economic-data.html

Currencies:
https://www.cnbc.com/2018/09/06/forex-markets-dollar-pound-emerging-market-currencies-in-focus.html

Oil:
https://www.cnbc.com/2018/09/06/oil-markets-emerging-markets-us-china-trade-tariffs-in-focus.html

Gold
https://www.cnbc.com/2018/09/06/gold-markets-dollar-china-us-trade-in-focus.html

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

Major ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitor

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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