Global Markets: Dimming growth prospects send stocks, oil plunging
Updated : November 21, 2018 06:19 AM IST
US stocks continued their slide as shares of Apple Inc, which have tumbled nearly 20 percent from their record high, declined after Goldman Sachs trimmed its price target for the stock for the second time in just over a week
Consumer discretionary stocks also plunged as several retailers, including Target Corp, gave underwhelming quarterly results and earnings forecasts.
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