Dow negative for 2018, shares slammed by energy and technology



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US stocks sold at all levels on Tuesday as the Dow Jones Industrial Average lost more than 600 points. Losses accelerated during the last hour of trading, while all major sectors of the S & P 500 index fell, including those in energy, industry, financial services and technology. Volatility, linked to a short trading week due to Thanksgiving, offset the annual gains made by the Dow, S & P 500 and Nasdaq Composite indices.

Teleprinter security Latest Change % Chg
I: DJI DOW JONES MEANS 24494.79 -522.65 -2.09%
SP500 S & P 500 2643.85 -46.88 -1.74%
I: COMP COMPOUND INDEX NASDAQ 6910.8354 -117.64 -1.67%

Commodities were hit by a drop of about 7% in oil, the largest decline in more than three years.

Teleprinter security Latest Change % Chg
CLF19 Crude oil 53.34 -3.86 -6.75%

In terms of advanced technology, Apple's shares are officially in a bear market, down 20% from October's record highs, as investors worry about weak sales of iPhone. This put pressure on the broadly-based technology sector, with Microsoft and Twitter also joining retirement, while Amazon oscillated between losses and gains during the session.

Teleprinter security Latest Change % Chg
AAPL APPLE INC. 176.58 -9.28 -4.99%
AMZN AMAZON.COM INC. 1,505.35 -6.94 -0.46%
MSFT MICROSOFT CORP. 101.48 -3.14 -3.00%
tWTR TWITTER INC. 30.96 -1.01 -3.17%

In addition, the disappointing sales of comparable stores weighed on the shares of retailers, including Kohl's, Lowe's, TJX Companies, Ross Stores and Best Buy. Target's shares plummeted by more than 10% after third-quarter profits, and store sales were comparable to the missing estimates. Sales in Target stores open at least a year rose 5.1%, below analyst estimates of 5.21%, according to Refinitiv's IBES data.

Teleprinter security Latest Change % Chg
KSS KOHL & # 39; S CORP. 64.83 -6.17 -8.69%
TGT TARGET CORP. 69.25 -7.91 -10.25%
BBBY BATH BED AND BEYOND INC. 12.41 -0.09 -0.75%
LOW LOWE & # 39; S CORPORATIONS INC. 86.34 -5.01 -5.48%
ROST ROSS STORES INC. 83.11 -8.08 -8.86%

Several retailers will post the results after the closing bell, including Gap and Foot Locker.

Teleprinter security Latest Change % Chg
CLF19 Crude oil 53.35 -3.85 -6.73%

Crude oil prices followed stocks down, with US crude prices at $ 54 per barrel. And Bitcoin is also tumbling.

Teleprinter security Latest Change % Chg
NYXBT n / A. n / A. n / A. n / A.

Economic news was mixed: October housing starts fell for the second month in a row, but building permits increased from the previous month and exceeded analysts' expectations.

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The sale was also underway worldwide.

Japan's Nikkei fell to its lowest level in three weeks on Tuesday, as declining Nasdaq shares dragged Japanese automakers into the tech sector, while Nissan Motor fell after the announcement of the Nasdaq shares. arrest and dismissal of President Carlos Ghosn.

The Nikkei average finished down 1.1%. China's Shanghai Composite fell 1%. Hong Kong's Hang Seng fell 2%.

In Europe, the London FTSE fell by 0.1%, the German DAX by 0.7% and the French CAC by 0.7%.

On Monday, US stocks skyrocketed with US tech companies, including Facebook and Apple, slowing down declines. The Nasdaq Composite lost 3% or 219.40 points. The Dow Jones Industrial Average lost more than 395.78 points, or 1.5%, which corresponds to a loss of 500 points in the middle of the day. The S & P 500 lost 45.54 points, or 1.6%.

On the economic front, investors were frightened after homebuilders' sentiment reached its lowest level in two years, according to the National Association of Home Builders. The association said its builders 'confidence index dropped 8 points to 60, thus missing analysts' expectations for the key measure.

Ken Martin of FOX Business contributed to this report.

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