Markets Right Now: US stocks dive as trade jitters return
07 December, 2018, 09:32 | Author: Brooke Harris
The S&P 500 lost 2.8 percent of its value, and the Nasdaq fell by 3.3. percent.
The Nasdaq composite lost 240 points, or 3.2 percent, to 7,201. The VIX Volatility Index was higher at 20.59 for a gain of 4.15 points or 25.24%.
United States stocks have nosedived amid concerns about trade with China and fears of a weakening economy. In the Treasury market, three-year yields are above five-year ones, foreshadowing the end of Federal Reserve's tightening campaign. The Treasury held auctions for four-week bills at a rate of 2.320% and 52-week bills at a rate of 2.635%. Small-cap stocks were hit hard, with the Russell 2000 Index falling 68.21 points, or 4.4%. The S&P 600 closed at 925.06 for a loss of 44.71 points or -4.61%. Eastern Time. The Dow plunged 730 points, or 2.8 percent, to 25,095, more than erasing its 488-point gain over the previous two trading days.
The Dow fell by as much as 719 points, or 2.8 percent by mid-afternoon Tuesday, for a total drop of 800 points.
The S&P 500 .SPX posted its biggest single-day percentage drop in about two months, giving back some gains from Monday and a week earlier, when the benchmark index tallied its largest weekly percentage gain in almost seven years.
Chipmakers were among the biggest decliners in a technology sector slide.
Homebuilders fell after luxury homebuilder Toll Brothers issued a cautious assessment of the housing market. Ten-year yields are below 3 percent.
Found a way to diagnose cancer in ten minutes
In newly developed "universal cancer test ", the suspect DNA has been added to the water containing tiny gold nanoparticles. Additionally, the research was supported by a National Breast Cancer Foundation grant to advance cancer diagnosis testing.
The Nasdaq is up 255.03 points, or 3.7 percent.
Investors were focused on U.S. Treasury yields, where the benchmark 10-year yield fell to its lowest point since mid-September.
Amid fears of slowing U.S. growth, Dollar General Corp sank 8% after warning that the proposed tariffs on Chinese imports could begin to have a greater impact on its business as well as its customers. Shares also fell in Taiwan and all other regional markets.
Oil prices headed higher ahead of an OPEC meeting on Thursday, where members are expected to agree to cut output in 2019. Benchmark U.S. crude gained 0.6 percent to settle at $53.25 per barrel in NY. Brent crude, the global standard, added 0.9 per cent to $62.22 per barrel in London.
CURRENCY: The dollar gained to 112.95 yen from Wednesday's 112.78 yen. The euro strengthened to $1.1349 from $1.1342. Germany's DAX lost 1.1 per cent, while France's CAC 40 dropped 0.8 per cent. The FTSE 100 index of leading British shares slid 0.6 percent. In Japan, the Nikkei 225 index fell 0.4 percent to 21,946.94.
In Asia early Wednesday benchmarks fell by no more than 1.5 percent, the loss for the Hang Seng index in Hong Kong, which was at 26,860.43 by mid-morning.
Members of the royal family gathered at Buckingham Palace on Tuesday evening for a reception for members of the Diplomatic Corps . Markle gave a speech at the University of the South Pacific in Suva, Fiji during her first royal tour with Harry in October.
Hours later, at a regular press briefing , Chinese Foreign Ministry Spokesperson Geng Shuang maintained this strong stance. Huawei began competing internationally in the 1990s and was known for drastically undercutting rivals on price.
Bush and former first lady Laura Bush pause in front of the flag-draped casket of former President George H.W. Bush was elected president in 1988 after serving two terms as President Ronald Reagan's vice president.
Meanwhile, a Lannister lion - backed by fire - spreads its flames northward, until the opposing forces meet in a violent clash. The dragon also freezes, not exactly sure what that's implying, unless the White Walkers snag another one of Daenerys' babies.
It was doubly frustrating for Kohli, who had needed just eight to reach 1,000 Test runs for India in Australia . After an hour, they were 25-3 with Cheteshwar Pujara not out seven and Ajinkya Rahane unbeaten on two.
The Kentucky Republican told reporters over the weekend that it's up to Trump "to do a deal with the Democrats". Trump told reporters on Air Force One on Saturday he would be willing to sign a two-week funding extension.
Meghan's attendance at the meeting of The Association of Commonwealth Universities ( ACU ) was not publicised ahead of time. Luke's Church in the Kensington neighborhood of London , both the Duke and Duchess of Sussex made speeches.
Then, in March 2021, the probe will make its way back to Earth in order to deposit that sample in terrestrial labs . First images of the asteroid from the spacecraft's perspective have appeared as it got closer and closer.
Samsung Galaxy Note 9 owners who want to try out One UI beta need to enroll their devices into the company's beta program. But that's just one big change, there will be much more to look forward to the next year and we are excited.
Babies may also experience nausea, vomiting, diarrhea, tinnitus, headaches and other gastrointestinal problems. The store brands of the drug sold at Walmart, CVS pharmacy, and Family Dollar are all impacted by the recall.
Senior police officers feel that the death of Inspector Singh resulted in a panic amongst the rioters and led to their dispersal. According to The Indian Express , the inspector, Subodh was again attacked while he was being taken to the hospital.
Buzzcocks Leader Pete Shelley Dies at 63
Former Sex Pistols bass player and songwriter Glen Matlock said he was "totally shocked and saddened" by the "untimely death". Shelley's solo career then spawned 1983's XL1 and 1986's Heaven and the Sea before Buzzcocks reformed in 1989.
Fortnite Season 7 Battle Pass skins
The Block will be the dedicated area for player-created content, and players will help determine what gets featured in that area. There isn't a game that has changed as much as Fortnite and you really feel it when you sit down and look back at past seasons.