Stocks fall on trade worries, weak economic reports

Industrial, communication services and financial stocks also accounted for a big share of the sell-off. Energy stocks notched the biggest gain, aided by a 1.4% increase in the price of U.S. crude oil. Bond yields rose.

The Nasdaq lost 97.48 points, or 1.1%, to 8,567.99. The Russell 2000 index of smaller-company stocks gave up 16.92 points, or 1%, to 1,607.58.The stumbling start to December is a departure from the market’s strong performance last month. The S&P 500 closed out November with its best monthly gain since June. Last week also marked the benchmark index’s seventh weekly gain in eight weeks.

The law, signed last Wednesday by President Trump, mandates sanctions on Chinese and Hong Kong officials who carry out human rights abuses and requires an annual review of the favorable trade status that Washington grants Hong Kong. Home builders fell broadly after the government report showing that spending on construction projects declined unexpectedly in October. Hovnanian Enterprises slumped 6.9%.

Oh good Lord...the LAT is now predicting (and wishing for...) a recession. This is the kind of slanted news produced by the LAT that drives the paper into subscription demise and ultimate bankruptcy

trump’s plan and then say it didn’t happen.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Technology stocks lead US markets lower in early tradingStocks fell in early trading Monday on Wall Street as trade tensions flared with China’s diplomatic retaliation for U.S. support of protesters in Hong Kong -232 isn't exactly news worthy. After Thanksgiving weekend and on a Monday? These people know how much money we consumers just spent the past 4 days? 🙄
Herkunft: ABC - 🏆 471. / 51 Weiterlesen »

Asia stocks set to trade lower amid trade uncertaintyStocks in Asia were set to trade lower on Tuesday following negative trade developments overnight.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Global stocks tick up on upbeat China factory reports, trade talk hopesGlobal shares rose on Monday and oil rebounded after upbeat China manufacturing ... Yes, trade talk hopium. News has been 100% negative, but hope for good news makes equities soar! Love this market!!!!!! Ah, it's the central bank & Corporate intervention..but ok, trade cover sounds better The CCP's propaganda is not credible, because China's stock market is controlled by the government!
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Stocks tick up on upbeat China factory reports, trade talk hopesGlobal shares shuffled marginally higher on Monday to stand just short of the re... That market seems to be based upon rumor, rather than fact.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Picking Chinese Stocks in the Trump EraThe nature of China’s economic slowdown has changed. Understand how and investors have a better chance of putting their money on the right stocks when it becomes clear whether the White House and Beijing can settle their differences on trade.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »