Wednesday, 14 August 2019

Dow tumbles 800 after bond market flashes a recession warning

The Dow slid 800 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.
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Dow tumbles 800 after bond market flashes a recession warning
The Dow slid 800 points Wednesday after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions. Read more »
 
What is the yield curve -- and why it matters
The bond market is flashing a big neon caution sign. Read more »
 
Mortgage rates fall below 4% and refis explode as rates tumble
Mortgage rates are lower than they've been in years, causing a tsunami of refinancing. Read more »
 
Macy's stock is tanking because it put too many clothes on sale during the spring
Macy's had a rough spring. It's the latest sign of pressure on the battered department store sector. Read more »
 
Protests and trade war wipe $50 billion off Hong Kong real estate stocks
Weeks of pro-democracy protests in Hong Kong are battering shares in the city's property developers and pushing its benchmark stock index closer to a bear market. Read more »
 
WeWork files for IPO after losing $1.9 billion last year
Money-losing tech companies like Uber and Lyft have struggled to win over investors since going public earlier this year. But that isn't stopping WeWork from racing to Wall Street. Read more »
 
 
 
 
Dow Nasdaq S&P
-800.49   -242.42   -85.72
25,479.42   7,773.94   2,840.60
-3.05%   -3.02%   -2.93%
YTD +9.23%   YTD +17.16%   YTD +13.31%
 
Biggest Winners
Dominion Energy Inc +1.26%
 
Newmont Goldcorp Corp +0.82%
 
Twitter Inc +0.42%
 
Ventas Inc +0.21%
Biggest Losers
Macy's Inc -12.86%
 
Kohls Corp -10.97%
 
Nordstrom Inc -10.65%
 
Cimarex Energy Co -9.13%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $54.84 -0.39 / -0.71%
Gold $1,526.90 -0.90 / -0.06%
10-yr 1.58% -0.10
Euro $1.11 -0.00 / -0.35%
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