Stocks Tank, VIX Spikes on Recession Fears

The Dow is down more than 500 points

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MIDDAY MARKET CHECK     8/14/2019
One Takeover Every Six Weeks Super-investor Dylan Jovine has recommended five takeovers in the past eight months. That's an average of one takeover every six weeks. His last one gave investors easy 144% gains just last month. Our research proves that his next takeover target could hand investors fast 300% returns >>>
Wall Street Hits the Panic Button as Dow Keeps Tumbling By Lillian Currens Share On The Dow Jones Industrial Average (DJI) is continuing its backslide today, after this morning's Treasury yield-curve inversion signal flashed -- typically seen as a precursor to a recession. This has investors frantically selling off bank stocks, including Goldman Sachs (GS), which is down 3.7%. The blue-chip index is now down more than 500 points, completely erasing yesterday's gains.  On the global economic front, weakening economic data out of both China and Germany are dampening investor sentiment, with China reporting its slowest industrial output in over 17 years, and Germany's latest gross domestic product (GDP) data showing the country's economy contracted in the second quarter.. The economic gloom and doom has the Nasdaq Composite (IXIC) and the S&P 500 Index (SPX) swimming in red ink today, too, while the Cboe Volatility Index (VIX) -- or Wall Street's "fear gauge" -- is up 25%.  Continue reading for more on today's market, including:  Why analysts like these 2 drug stocks.   Bernstein weighs in on the CBS-Viacom merger.  Plus, bulls bet on more upside for Walmart before earnings; PRPL stock soars on a beat-and-raise; and MYGN stock eyes its worst day ever.   >> Continue reading...
LATEST HEADLINES
>> Bearish Sentiment Builds on Deere Before Earnings Deutsche Bank cut its DE price target this morning >> New "Buy" Rating Can't Boost WWE Stock The majority of analysts covering WWE call it a "buy" >> Analysts Not Buying CBS-Viacom Merger CBS and Viacom recently announced plans to combine >> Analysts Upgrade Drug Stocks HZNP and BMY Analysts go overweight on HZNP and BMY shares >> GOOS Stock Crumbles After Profit Margin Miss The apparel concern reported an earnings and revenue beat, but weak quarterly profit margins ADVERTISEMENT #1 Takeover Target for August Super-investor Dylan Jovine has recommended five takeovers in the past eight months. That's an average of one takeover every six weeks. His last one gave investors easy 144% gains just last month. Our research proves that his next takeover target could hand investors fast 300% returns >>>
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