Stock market news: August 15, 2019
U.S. stocks fluctuated between gains and losses Thursday in a choppy session of trading, as Treasury yields continued to decline. By the end of the session, stocks were mixed, with the Dow and S&P 500 higher and the Nasdaq marginally lower.
Earlier in the session, strong earnings results from Dow component Walmart (WMT) helped lift the 30-stock index after its worst day of 2019. Prior to that, stock futures had tumbled prior to market open after China threatened ‘countermeasures’ amid its trade war with China.
All of this follows a flare-up in recession fears, sparked by a bearish signal from the bond market, which sent the Dow down 800 points on Wednesday. Each of the three major indices was off about 3% during that session.
Here were the main moves in the market, as of market close. ...