2 Stocks Hitting Record Lows

Schaeffer's Opening View

Hong Kong's airport cancelled all departures amid the escalating protests

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8/12/2019

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Dow Futures Signal a Sharply Lower Start

By Patrick Martin
Share On

Dow Jones Industrial Average (DJI) futures are signaling a triple-digit drop for the blue-chip index this morning, as geopolitical tensions in Asia weigh on Wall Street. In addition to lingering trade tensions with China -- including a round of tariff tweets from President Donald Trump over the weekend -- escalating protests in Hong Kong have fueled concerns of a possible global recession. Overnight, Hong Kong International Airport cancelled all departures for the remainder of the day in wake of the unrest.

Continue reading for more on today's market, including: 

  • 2 stocks that hit record lows on Friday.
  • Shorts cheered after Nektar Therapeutics stock plummeted.
  • This weed stock could be volatile later in the week.
  • Plus, Humana upgraded; Icahn gains board seats on Cloudera; and BlackRock takes a big stake in Authentic Brands.
>> Continue reading...
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