Stock Market Today: November 19, 2018
William G. Ferguson and Harvey S. Katz | 11/19/2018
Back in the Rock and Roll era of the 1950s, the rhythm and blue singer Fats Domino had a hit song called “Blue Monday”. It had nothing to do with the stock market, but it might as well have, as the past two Mondays have been quite blue for those long equities. On point, last Monday, the Dow Jones Industrial Average fell more than 600 points; today thus far, that same 30-stock composite is off by nearly 400 points, having at one point descended by close to 500 points. As was the case last week, it is the twin T's, trade and technology, that have rattled traders.