China Stock Hit by Bear Note

Apple's revenue warning is slamming the semiconductor space

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MIDDAY MARKET CHECK     2/18/2020
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Dow Slides Lower as Chip Stocks Struggle By Lillian Currens Share On The Dow Jones Industrial Average (DJI) is extending this morning's losses, and is now eyeing its third straight skid as Apple's (AAPL) coronavirus-related quarterly revenue warning continues to spook Wall Street. The tech-rich Nasdaq Composite Index (IXIC) is taking a hit, with the semiconductor sector badly shaken by Apple's announcement, and the S&P 500 Index (SPX) also trading firmly in the red. Meanwhile, oil is struggling, too, with no signs of Organization of the Petroleum Exporting Countries (OPEC) making additional production cuts, even as coronavirus anxieties weaken demand. March-delivered crude is down 1% at $51.48 per barrel at last check.  Continue reading for more on today's market, including: >> Continue reading...
LATEST HEADLINES
>> Walmart Holding Steady Despite Lackluster Earnings WMT is up 19% year-over-year >> Medical Supplier Falls Victim to Coronavirus Headwinds Disappointing earnings are shattering MDT today >> China Stock Clobbered on Keybanc Bear Note Keybanc downgraded Tencent to "sector weight" from "overweight" >> Stock Futures Eye Lower Open on Apple Warning Fellow blue chip Walmart is also adding to the bearish backdrop >> A Potential Inflection Point for Stocks and Bonds Portfolio insurance through options could help during market confusion Sponsored Telecom Insider: "Get Into 5G Stocks by February 24." One seismic event could trigger the biggest investment boom in recent history. But if you don't have your money in a shortlist of 5G stocks, you'll miss out completely. You must take this one step to get the details before Monday, February 24.
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