Technical Analysis

Shares open decrease. The S&P stays on the unfavorable aspect for the yr

The Nasdaq is main the way in which decrease on tariff issues

The key indices are opening within the pink.   The feedback from Pres. Trump in a Wall Road Journal article that the subsequent spherical of tariffs on China imports are able to go if there may be not an settlement.  In fact the Pres. makes use of this tactic typically as a bargaining chip. The chance is that it backfires. Time will inform. Trump and Xi meet on the upcoming G20.

The snapshot of the markets are exhibiting:

The S&P index is down -7.55 factors or -Zero.28% at 2666.46. That’s under the 2017 shut at 2673.61. The Nasdaq is down -27.four factors or -Zero.39% at 7054The Dow is down -102 factors or -Zero.43%
Apple is down -1.09% on the day at the moment.  Pres Trump stated that Apple could not escape the tariffs this time.  Amazon is up, nevertheless, as Cyber Monday was the largest day on document (up Zero.38%).

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