Disappointing U.S. manufacturing data had the Dow closing 268 points lower
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| | 12/02/2019 | |
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Dow Kicks Off December on Sour Note | By Lillian Currens | | The Dow took another hit today, shedding over 260 points -- its biggest one-day drop since Oct. 8 -- after disappointing U.S. manufacturing data was released earlier in the day. Traders also reacted to reports of new Trump administration tariffs, which offset this weekend's strong holiday shopping numbers. The Nasdaq and S&P also slipped, suffering their worst days since early October. In contrast, today's sharp decline had the Cboe Volatility Index notching its biggest one-day percentage gain since August. Continue reading for more on today's market, including:. - Call options look good for this FAANG stock in December.
- Why options bears might want to board Carnival Cruise stock right now.
- Plus, a red-hot bank stock; FUN drops on bearish analyst attention; and the $50 million news that sent XENE stock soaring.
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