Video Game Stocks Get Rocked

It was a full-blown meltdown for U.S. stocks today

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MARKET RECAP     8/05/2019
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Trade Fears Spark Epic Stock Sell-Off By Josh Selway Share On U.S. stocks had their worst day of the year, extending recent weakness as the U.S.-China trade relationship took another turn for the worse. President Donald Trump accused China of currency manipulation after the yuan fell to its lowest point versus the dollar in a decade, and the Asian nation also reportedly halted crop imports from the U.S. When all was said and done, the Dow was down almost 800 points, bringing its losing streak to five, while the heavy losses for the S&P and Nasdaq brought their losing streaks to six sessions. The VIX, meanwhile, surged to its highest close since early January. Continue reading for more on today's market, including: The Dow stock that could stay stay red-hot, says analysts. Breaking down a bull signal on General Mills shares. A video game stock rocked by Trump comments.  Plus, Disney dips before earnings; pharma stock notches huge gains; and 3 more video game names that suffered.  >> Continue reading...
LATEST HEADLINES
>> Puts Pop With Video Game Stock Under Political Pressure ZNGA is on track to breach a key trendline of support today >> Market Pressure Puts Disney Stock Below 50-Day Before Earnings Disney reports earnings post-close on Tuesday, and the shares have recently struggled after releases >> 3 Video Game Stocks Spiraling on Trump Gun Violence Concerns A look at how Trump's violent video game concerns are impacting EA, ATVI and GME >> History Suggests a General Mills Stock Surge GIS is up 38% year-to-date >> Stocks Eye Worst Day in Months as Trade Tensions Ramp Up All three major indexes are headed toward their biggest one-day drop since May ADVERTISEMENT Use the Kennedy Secret to Get Rich on Prohibition 2.0 The end of Prohibition in 1933 minted fortunes. Joseph Kennedy turned $118K into $8.5 million. (That's $100 million in today's currency.) His instructions are here.
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