One group of stocks is already on the cusp of a bear market as trade war heats up

The S&P 500 energy sector finished Tuesday's session down 18.7% from its 52-week high, putting it near bear market territory.

Escalating U.S.-China trade tensions sank stocks on Tuesday and threaten to sap demand for energy supplies. The energy sector continues to struggle to break out amid uncertainty around future oil prices and global demand for crude.Energy stocks are on the cusp of falling into a bear market after a sudden escalation in the U.S.-China trade dispute dragged the stock market lower on Tuesday.finished the day down 18.7% below its 52-week high. It was the only sector to end the day in correction territory, meaning it closed 10% or more below its 52-week high.

Tuesday's slump highlights the energy sector's continued struggle to break out amid uncertainty around future oil prices and global demand for crude. The energy sector is up 11% this year, outperforming utilities, materials and health care but trailing high fliers like technology and consumer discretionary stocks by a wide margin.

The Smug Council was sure, with an election coming up, the usual roll over and give China what it wants was going to happen again. Imagine the shock when make America Suck for a short term gain failed to materialize. Now it's, standing up for what is right is wrong gibberish

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The Benefits Of Free Trade With Mexico Are Very Real For The Energy IndustryThe new free trade agreement with Mexico is expected to provide significant benefits. Just in terms of natural gas exports to Mexico, NAFTA generated tens of thousands of jobs and reduced the U.S. trade deficit by $50 billion since enactment. Mexicant believe that u would say this Free AND Fair! With the border secure, the funds are no longer there to support large cartels. Free people is the bigger benefit. Forbes prides itself in being myopic.
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