Stock market news May 13 2019
May 13, 2019
Stock market news
US stock market is having sever losses today. As of 11.38 AM EST time this is the summary of major US indices:
- S&P 500
2,813.48-67.92(-2.36%) - Dow 30
25,346.87-595.50(-2.30%) - Nasdaq
7,661.37-255.57(-3.23%) - Russell 2000
1,529.53-43.46(-2.76%)
Stocks decline today with new concerns on trade tariffs
- Opinion: Here’s the new China calculation for U.S. stock market investors
- What’s moving markets today: May 13, 2019
Source: CNN Business
Stocks are falling across the globe as worries about the fallout from the escalating trade tensions are weighing on markets.
Investors are heading for traditional safe haven assets
like gold that are perceived to be more insulated from market volatility in times of trouble. Much of that has to do with how liquid these assets are.
[…] very strong selloff for the US stock market on Monday, May 13, 2019 as China retaliates and plans to impose new tariffs on US goods on June […]