US Markets Give Up 2018 Gains

US stock markets sold off sharply this week, with concerns over the tech names and weak retail results, but analysts continue to back equities

David Brenchley 21 November, 2018 | 11:34AM
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New York Stock Exchange, Wall Street, stock market, equities, correction, sell-off, Apple share price

US stock markets once again saw heavy falls overnight, seeing gains for the year wiped out after poor results from retailers and fears over slowing smartphone sales.

The S&P 500 closed last night at 2,642, down 3.5% for this week alone and 55 points below the level it opened the year. It’s now down almost 10% since it hit a record high in late September.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Apple Inc149.32 USD0.46Rating
Kohl's Corp48.80 USD-0.53Rating
L Brands Inc71.17 USD0.32Rating
Lowe's Companies Inc231.07 USD-0.32Rating
NVIDIA Corp247.17 USD6.70Rating
Target Corp258.73 USD-0.62Rating

About Author

David Brenchley

David Brenchley  is a Reporter for