Tuesday, January 22, 2019

"Dow Dumps 300Pts, Stocks Erase Friday 'Trade-Hope' Gains"

From ZeroHedge;
US equity markets have been a one-way trade lower since the open, erasing all of Friday's gains as China macro disappointed and trade-deal headlines spooked investors...
Dow Futures are down over 300 now...
And all the majors have erased Friday's gains...
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...Notably, all the major US indices remain above their 50DMAs but those are critical levels to watch if today's selloff accelerates...
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It's not just the futures, DJIA cash is also down over 300.