BLOOMBERG Bloomberg Markets The Trump Economy August 10, 2017
It looks like the worst decline going back to may 17 for the major averages. The nasdaq in particular is getting hit hard as we see Technology Sales shares selloff. It does look like this north korean rhetoric was the catalyst for this, but there has been more and more negative, at least cautious comments with disappointment on the earnings front. That, sort of, snowballing to create the selloff we are now seen for a Third Straight session. It is a broadbased selloff. All of the groups in the s p 500, save one, utilities, is lower today. Consumer, discretionary, financials each as individual g...