Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

The Closing Bell: U.S. Stocks Slide As Trade War Enters New Round With More Tariffs Taking Effect

TedTed
edited September 2018 in The Bullpen
FYI: U.S. stocks fell broadly on Monday as the U.S.-China trade war entered a new round when tariffs on billions of dollars of products took effect. Investors were also looking ahead to the Federal Reserve’s two-day monetary policy meeting which wraps Wednesday and is likely to result in another interest-rate hike.

Industrials took the biggest knock on Wall Street on Monday as the latest U.S.-China tariffs kicked in, while adding to uncertainty were questions over whether Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, had quit.

The Nasdaq Composite closed up 6 points however, as Netflix shares jumped nearly 3 percent.

Only three of eleven S&P 500 Sectors, Healthcare, Energy, and Technology were able to finish up, while Consumer Staples, Consumer Discretionary, Communication Services , Industrials, Financials, Utilities, Materials, and Real Estate
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-09-24/your-evening-briefing

Bloomberg:
https://www.bloomberg.com/news/articles/2018-09-23/yen-edges-up-asia-stocks-face-drop-on-trade-woes-markets-wrap?srnd=premium

WSJ:
https://www.wsj.com/articles/global-stocks-drop-as-hopes-for-a-trade-truce-fade-1537774525

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-drops-as-rosenstein-jitters-add-to-trade-woes-idUSKCN1M41D8

IBD:
https://www.investors.com/market-trend/stock-market-today/nasdaq-higher-apple-gains-marijuana-drags/

MarketWatch:
https://www.marketwatch.com/story/dow-futures-imply-slight-retreat-from-record-as-new-tariffs-take-effect-2018-09-24/print

CNBC:
https://www.cnbc.com/2018/09/24/us-stocks-futures-trade-tariffs-and-economic-data-in-focus.html

Europe:
https://www.marketwatch.com/story/deal-news-lifts-sky-randgold-but-trade-worries-weigh-on-europes-stock-index-2018-09-24/print

Asia:
https://www.marketwatch.com/story/australian-new-zealand-stocks-edge-lower-amid-holidays-in-asia-2018-09-23/print

Bonds:
https://www.cnbc.com/2018/09/24/us-bonds-and-fixed-income-trade-tariff-developments.html

Currencies:
https://www.reuters.com/article/uk-global-forex/euro-rises-to-more-than-three-month-high-on-draghis-comments-idUSKCN1M30Y3

Oil:
https://www.cnbc.com/2018/09/24/brent-crude-breaks-80-its-highest-since-2014-as-oil-market-tightens.html

Gold
https://www.cnbc.com/2018/09/24/gold-markets-dollar-us-china-trade-war-federal-reserve-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:
https://finviz.com/futures.ashx

Sign In or Register to comment.