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2018 Gains For The S&P and The Dow Jones Are Gone
According to Reuters, U.S. stocks tumbled on Thursday, erasing this year’s slim gains in the S&P 500 and the Dow Jones Industrial Average, as the arrest of a top Huawei executive sparked fears of a flare-up in Sino-U.S. tensions, while weak oil prices added more pressure.
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According to Reuters, the top equity markets on Wall Street are trading up over 1-percent each.
By the afternoon on Dec. 12, the Dow Jones Industrial Average and the S&P 500 rose 1.7-percent.