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Bad 2018 Extends Into 2019 For Stocks
LONDON (Reuters) - World shares began 2019 on a downbeat note, oil prices and bond yields skidded lower and the Japanese yen strengthened on Wednesday as data from China to France confirmed investors’ fears of a global economic slowdown.
The U.S. S&P500 and Dow Jones index futures slipped around one percent and Nasdaq futures fell 2 percent, signaling Wall Street would open in the red on the first trading day of the New Year after closing 2018 with the worst annual loss since 2008.
Sure, the broader U.S. market came back Friday after Thursday's losses. But some new info came out some important stocks. Starbucks Starbucks Corp. might have been conservative on issuing to the market..