US Close 13 Nov 18: Biggest tumble in 3 weeks

Despite the Veteran’s Day holiday overnight and the closure of the bond market, US stocks slumped by around 2% due to broad selling across 90% of stocks. Technology companies were led lower by Apple which slumped on concerns of lower future sales. Utility operators with a presence in California lost ground as the Wildfire continues and oil prices fell for an 11th day following a tweet from US President Donald Trump.

 

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