Financial Review
Down Again
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
Informações:
Synopsis
…Stocks stumble again. Oil bear. Amazon picks 2 for HQ2. Possible Brexit deal. Cabinet shakeup. Still counting votes. AZ turns blue(-ish). Financial Review by Sinclair Noe for 11-13-2018 DOW – 100 = 25,286 SPX – 4 = 2722 NAS + .01 = 7200 RUT – 3 = 1514 10 Y – .04 = 3.14% OIL – 4.65 = 55.28 GOLD + 2.00 = 1202.90 Stocks started the morning in positive territory, however there was no rally. The major indices were just slightly higher – not enough to trigger computerized trading programs to buy. After a couple of hours of drifting aimlessly, stocks dropped. Energy stocks weighed heaviest on the S&P 500 as crude oil fell for a record 12th consecutive session, pushing prices down to a one-year low. WTI dropped more than 7%, its biggest one-day decline in about 3 years. Oil prices have plunged more than $20 a barrel since the start of October, when Brent crude rose to nearly $87 a barrel and U.S. crude traded just shy of $77. Both benchmarks are now trading firmly in bear market territory, having fallen more than