The Closing Bell will be updated sometime after 4:00 PM CDST to include the latest updates from IBD and Bloomberg Evening Briefing.)
FYI: The S&P 500 retreated Tuesday, snapping the broad index’s longest winning streak in years, as investors confronted fresh trade tensions and further signs that economic growth around the world is slowing.
The Trump administration on Monday released a list of about $11 billion worth of European goods it was considering putting tariffs on, including bicycles, kitchen knives and civil aviation products like the Airbus aircraft, ratcheting up the trade spat between Brussels and Washington.
The S&P 500 fell 0.61% Tuesday afternoon as investors assessed the Trump administration’s latest move, putting the broad index on pace to notch its first daily decline in nine trading sessions.
The Dow Jones Industrial Average, meanwhile, fell 190 points, or 0.72%, to 26150, while the Nasdaq Composite slid 0..56%.
Elsewhere, stocks in Europe fell 0.6%, as broad losses pulled most sectors lower. In Asia, Japan’s Nikkei 225 rose 0.2% and Hong Kong’s Hang Seng Index climbed 0.3%.
Of the eleven S&P 500 Sectors nine led by Industrials and Energy were down, the only winners were Utilities and Communication Services
Regards,
Ted
Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2019-04-09/your-evening-briefingMarketWatch:
https://www.marketwatch.com/story/stock-market-futures-edge-lower-as-us-threatens-european-tariffs-2019-04-09/printWSJ:
https://www.wsj.com/articles/global-stocks-pause-as-u-s-plots-new-tariffs-on-eu-11554797208Bloomberg:
https://www.bloomberg.com/news/articles/2019-04-08/asian-stocks-set-to-edge-higher-dollar-declines-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/sp-500-today-ends-win-streak/Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-falls-on-worries-over-trade-global-growth-idUSKCN1RL1DRCNBC:
https://www.cnbc.com/2019/04/09/stock-markets-us-stocks-focus-on-corporate-earnings-data.htmlU.K.:
https://uk.reuters.com/article/uk-britain-stocks/ftse-100-inches-down-as-trade-tension-hits-rolls-royce-idUKKCN1RL0RNEurope:
https://www.reuters.com/article/us-europe-stocks/european-shares-hit-by-u-s-tariff-threat-growth-jitters-idUSKCN1RL0QSAsia:
https://www.marketwatch.com/story/asia-stocks-struggle-for-gains-as-investors-watch-trade-issues-2019-04-09/printBonds:
https://www.cnbc.com/2019/04/09/bonds-treasury-yields-edge-lower-as-investors-turn-cautious.htmlCurrencies:
https://www.cnbc.com/2019/04/09/forex-market-us-economic-data-crude-oil-prices-in-focus.htmlOil:
https://www.cnbc.com/2019/04/09/oil-market-libya-war-opec-supply-cuts-us-sanctions-in-focus.htmlGold
https://www.cnbc.com/2019/04/09/gold-market-dollar-moves-us-economic-data-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
