Thursday 21 June 2018

Goldman Sachs: Buckle up. Trade war fears will likely get worse

Fears of a trade war have put the Dow on track for its longest losing streak in 15 months. Goldman Sachs thinks the worst could be yet to come.
CNNMoney Markets Now
 
Dow Nasdaq S&P
-196.10   -68.56   -17.56
24,461.70   7,712.95   2,749.76
-0.80%   -0.88%   -0.63%
YTD -1.04%   YTD +11.73%   YTD +2.85%
 
Biggest Winners
Darden Restaurants Inc +14.79%
 
Kroger Co +9.74%
 
Federal Realty Investment Trust +3.55%
 
Kimco Realty Corp +2.90%
Biggest Losers
Marathon Oil Corp -5.41%
 
Concho Resources Inc -5.28%
 
Advanced Micro Devices Inc -5.27%
 
United Rentals Inc -5.26%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $65.82 +0.11 / +0.17%
Gold $1,269.30 -5.20 / -0.41%
10-yr 2.90% -0.03 / -1.06%
Euro $1.16 +0.00 / +0.26%
News: What you need to know about the markets
 
 
Goldman Sachs: Buckle up. Trade war fears will likely get worse
Fears of a trade war have put the Dow on track for its longest losing streak in 15 months. Goldman Sachs thinks the worst could be yet to come. Read more »
 
Tech stocks are on fire despite global trade fears
The tech sector is a big market winner thanks to Facebook, Amazon, Netflix and Google. But other giant techs -- including Chinese leaders Alibaba and Baidu are doing great too. Read more »
 
Kroger's online sales up 66%. Amazon and Walmart have a real competitor
The online grocery war isn't just a battle between Amazon and Walmart. Kroger's strong digital sales show the supermarket giant is serious about e-commerce too. Read more »
 
Can Starbucks be fixed?
US Starbucks stores are bugged by drinks no one wants, too many stores and not enough innovation. Read more »
 
Wall Street banks are healthier than ever
The Federal Reserve says banks are strong enough to withstand the next severe economic downturn. Read more »
 
Saudi Arabia: Deal can be done this week to boost oil supply
Saudi Arabia wants OPEC to boost oil supply to keep its customers satisfied. And it thinks other producers will agree. Read more »
 
 
 
 
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