Monday, December 30, 2019

Stock markets sells off Monday 12/30/2019

Stocks mark steepest slide in about 4 weeks with one trading day left in 2019

U.S. stock indexes on Monday logged their worst declines in about four weeks, as markets retreated in the penultimate session of 2019, following a powerful stretch of returns, supported in the final few weeks by optimism over an initial trade pact with China.

It was the worst trading day in about four weeks for all three indexes. Still, with just one trading day left in 2019, the Dow is on track for a full-year gain of 22%, while the S&P 500 is up 28.5% so far this year. The Nasdaq Composite has jumped nearly 36% in that time.

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