FYI: U.S. stocks slumped Monday as investors looked ahead to this week’s Federal Reserve meeting amid mounting signs of slowing economic growth around the world.
The Dow Jones Industrial Average lost 507 points, or 2.1%, to 23,592. The S&P 500 declined 2.0%, while the Nasdaq Composite also fell 2.2%, pulling the technology-heavy index into the red for the year.
Meanwhile, the Russell 2000 index of small-capitalization stocks teetered on the edge of a bear market, or a fall of at least 20% from its Aug. 31 high. Shares of small U.S. companies have underperformed their larger peers in recent months, a shift from earlier in the year, when investors flocked to small-caps as a shelter from trade-related tensions.
All eleven S&P 500 Sectors were in negative territory.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/global-stocks-await-cues-on-future-fed-policy-11545035789?mod=hp_lead_pos1Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-12-17/your-evening-briefingBloomberg:
https://www.bloomberg.com/news/articles/2018-12-16/asia-stocks-set-to-edge-lower-after-u-s-drop-markets-wrap?srnd=premiumMarketWatch:
https://www.marketwatch.com/story/stock-market-poised-to-edge-lower-in-the-wake-of-worst-start-to-december-since-1980-2018-12-17/printIBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-today-nike-stock-goldman-sachs-stock/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-st-sinks-gundlach-says-u-s-stock-are-in-bear-market-idUSKBN1OG1G0CNBC:
https://www.cnbc.com/2018/12/17/us-stock-futures-fall-slightly-in-early-trading-after-fridays-big-losses.htmlU.K.:
https://www.marketwatch.com/story/ftse-100-down-as-retail-sector-shaken-by-asos-profit-warning-2018-12-17/printEurope:
https://www.marketwatch.com/story/european-markets-drop-as-gloom-spreads-to-online-retailers-2018-12-17/printAsia:
https://www.marketwatch.com/story/asian-shares-inch-higher-ahead-of-meetings-by-fed-chinas-economic-policymakers-2018-12-16/printBonds:
https://www.cnbc.com/2018/12/17/bond-market-treasury-yields-lower-fed-meeting-in-focus.htmlCurrencies:
https://www.cnbc.com/2018/12/17/forex-markets-dollar-global-economy-in-focus.htmlOil:
https://www.cnbc.com/2018/12/17/oil-markets-global-economy-in-focus.htmlGold
https://www.cnbc.com/2018/12/17/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
