FYI: U.S. stocks lurched lower Monday, deepening a fall rout that has shaken many investors’ confidence in the technology titans that had led the bull market higher for much of the past year.
The Dow Jones Industrial Average slid 395 points, or 1.5%, to 25017. The S&P 500 fell 1.6%, and the tech-heavy Nasdaq Composite lost 3.0%.
Monday’s stock declines were accompanied by a broad retreat from risk across financial markets. Bitcoin prices at one point crashed below $5,000 for the first time this year, while Brent crude and copper, two barometers for global growth, retreated.
As the selling accelerated, investors flocked to assets that tend to do well during volatile stretches of trading. Treasurys strengthened, and the Japanese yen and the Swiss franc rose against the U.S. dollar.
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-11-19/your-evening-briefing?srnd=markets-vpBloomberg:
https://www.bloomberg.com/news/articles/2018-11-18/stocks-signal-mixed-start-trade-woes-hits-aussie-markets-wrap?srnd=premiumWSJ:
https://www.wsj.com/articles/global-stocks-climb-as-investors-await-brexit-progress-economic-data-1542617934?mod=hp_lead_pos2MarketWatch:
https://www.marketwatch.com/story/dow-poised-to-kick-off-holiday-shortened-week-lower-2018-11-19/printIBD:
https://www.investors.com/market-trend/stock-market-today/nasdaq-dow-blue-chips/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-hit-by-apple-slide-trade-woes-idUSKCN1NO1KNCNBC:
https://www.cnbc.com/2018/11/19/stock-market-dow-set-for-higher-open-amid-mixed-signals-over-global-trade.htmlU.K:
https://www.marketwatch.com/story/ftse-marks-back-to-back-stumbles-as-pound-rises-amid-brexit-developments-2018-11-19/printEurope:
https://www.marketwatch.com/story/european-stocks-trade-cautiously-higher-renaults-stock-falls-on-ghosn-report-2018-11-19/printAsia:
https://www.marketwatch.com/story/asian-markets-quiet-as-us-china-trade-tensions-linger-2018-11-18/printBonds:
https://www.cnbc.com/2018/11/19/us-bonds-treasury-yields-move-higher-as-investors-await-auctions.htmlCurrencies:
https://www.cnbc.com/2018/11/19/forex-markets-dollar-the-fed-japanese-yen-in-focus.htmlOil:
https://www.cnbc.com/2018/11/19/oil-markets-opec-us-china-trade-war-in-focus.htmlGold
https://www.cnbc.com/2018/11/19/gold-markets-dollar-the-fed-in-focus.htmlWSJ: Markets At A Glance:
https://markets.wsj.com/usMajor ETFs % Change:
https://www.barchart.com/etfs-funds/etf-monitorSPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-trackerSPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectorsCurrent Futures:
https://finviz.com/futures.ashx
