The Dow lost 105 points, snapping its three-day win streak on Monday
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| | 12/09/2019 | |
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Dow Snaps Win Streak on AAPL Dip | By Lillian Currens | | The Dow kicked off the week with a triple-digit drop, snapping its three-day win streak. Apple (AAPL) dragged on the blue-chip index, as investors turned cautious ahead of a new round of U.S. tariffs on Chinese goods set to go into effect this Sunday, Dec. 15. Losses were contained, though, following comments from China's Assistant Commerce Minister Ren Hongbin that a partial U.S-China trade deal could be imminent. Elsewhere, the Trump administration and House Democrats are reportedly nearing a deal which would replace the North American Free Trade Agreement (NAFTA) with the United-States-Mexico-Canada Agreement (USMCA). Continue reading for more on today's market, including:. - Options bulls hold out hope for Peloton stock, despite holiday ad.
- These 2 oil stocks could be perfect for options bears right now.
- Plus, call traders storm GE, MU, and BABA; Merck stock pops; and the bear signal flashing for FDX stock.
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