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Wall Street - How Major US Stock Indexes Fared Monday

Published on: August 12, 2019 09:30 PM
By: AP
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Wall Street - The Dow Jones Industrial Average fell almost 400 points Monday following a broad slide in stocks as investors anxious about the U.S-China trade dispute sought safety in bonds.

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Technology companies and banks led selling. The yield on the 10-year Treasury fell to 1.64% from 1.73% late Friday, a big move. Investors fear the costly trade dispute will slow global economic growth.

On Monday:

The S&P 500 index fell 35.56 points, or 1.2%, at 2,883.09.

The Dow slid 389.73 points, or 1.5%, to 25,897.71.

The Nasdaq composite dropped 95.73, or 1.2%, to 7,863.41.

The Russell 2000 index of smaller company stocks lost 18.58 points, or 1.2%, to 1,494.46.

For the year:

The S&P 500 is up 376.24 points, or 15%.

The Dow is up 2,570.25 points, or 11%.

The Nasdaq is up 1,228.13 points, or 18.5%.

The Russell 2000 is up 145.91 points, or 10.8%.



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Read Comments (8)  —  Post Yours »

1

 Aug 12, 2019 at 10:14 PM IN THE POORHOUSE Says:

Thank you Donald Trump for my huge losses in the markets because of your winning ways with the trade war. Unless there's a turnaround it looks like I'll be paying no Federal Income tax and the Trump budget deficit will increase. Why no boasts about the stock market recently?
Remember you said trade wars are easy to win. Who exactly is winning?
I"ll remember in November.

2

 Aug 12, 2019 at 10:47 PM Anonymous Says:

Reply to #1  
IN THE POORHOUSE Says:

Thank you Donald Trump for my huge losses in the markets because of your winning ways with the trade war. Unless there's a turnaround it looks like I'll be paying no Federal Income tax and the Trump budget deficit will increase. Why no boasts about the stock market recently?
Remember you said trade wars are easy to win. Who exactly is winning?
I"ll remember in November.

Hey I don't know about you but I'm still up 19.6% YTD.

3

 Aug 13, 2019 at 12:12 AM Anonymous Says:

Reply to #1  
IN THE POORHOUSE Says:

Thank you Donald Trump for my huge losses in the markets because of your winning ways with the trade war. Unless there's a turnaround it looks like I'll be paying no Federal Income tax and the Trump budget deficit will increase. Why no boasts about the stock market recently?
Remember you said trade wars are easy to win. Who exactly is winning?
I"ll remember in November.

Go get a real job

4

 Aug 13, 2019 at 12:23 AM AH Says:

Reply to #1  
IN THE POORHOUSE Says:

Thank you Donald Trump for my huge losses in the markets because of your winning ways with the trade war. Unless there's a turnaround it looks like I'll be paying no Federal Income tax and the Trump budget deficit will increase. Why no boasts about the stock market recently?
Remember you said trade wars are easy to win. Who exactly is winning?
I"ll remember in November.

Uh-huh. But the gains since the beginning of the year, those don’t count, huh?

5

 Aug 13, 2019 at 07:23 AM Educated Archy Says:

Reply to #1  
IN THE POORHOUSE Says:

Thank you Donald Trump for my huge losses in the markets because of your winning ways with the trade war. Unless there's a turnaround it looks like I'll be paying no Federal Income tax and the Trump budget deficit will increase. Why no boasts about the stock market recently?
Remember you said trade wars are easy to win. Who exactly is winning?
I"ll remember in November.

Yes trade wars are easy to win but it's still a war . In every war there is some small down turn . And the economy is strong enough to swallow a small short term loss so that we invest in the future . The same as the sully global warming cost argument except here it's tangible

6

 Aug 13, 2019 at 09:09 AM IN THE POORHOUSE Says:

Reply to #4  
AH Says:

Uh-huh. But the gains since the beginning of the year, those don’t count, huh?

I don't know about you, but just about every stock I own is down considerably since the Trump Trade War began, even stocks that are in no way connected to imports or China. The good news is that I'll have a huge write off on my taxes. That's bad news for the US Treasury.

7

 Aug 13, 2019 at 10:57 AM Educated Archy Says:

Reply to #6  
IN THE POORHOUSE Says:

I don't know about you, but just about every stock I own is down considerably since the Trump Trade War began, even stocks that are in no way connected to imports or China. The good news is that I'll have a huge write off on my taxes. That's bad news for the US Treasury.

1) I don't beleive you own stocks.
2) Today its up
3) You are lying and the numbers prove it. The trade war started a year ago about. Look at the YTD stock returns despite the trade war. maybe you pick losers. But it ain't my problem if you are a loser.

8

 Aug 13, 2019 at 12:32 PM Hoshomer Says:

Reply to #6  
IN THE POORHOUSE Says:

I don't know about you, but just about every stock I own is down considerably since the Trump Trade War began, even stocks that are in no way connected to imports or China. The good news is that I'll have a huge write off on my taxes. That's bad news for the US Treasury.

You are fake news

9

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