The stock market took a big dive on Wednesday, with the Dow Jones Industrials INDEXDJX: .DJI falling 800 points (or 3 percent) and the S&P 500 Index INDEXSP: .INX falling 85 points (or 2.9 percent).
Much of the financial news focused on the inversion of the yield curve and how that may effect the economy and stock market.
In today’s video, we discuss the yield curve inversion, key support on the S&P 500, Dow Industrials, and Nasdaq, as well as sectors and areas of the market that are leading and lagging. Here’s a recap:
The yield curve inverts, now what?
The S&P 500 is testing a key price support zone again.
Dividend stocks are beginning to lead the market.
Stock Market Today Video – August 15, 2019
Twitter: @DanRusso_CMT
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