Wall Street slides as Saudi Arabia, Italy add to economic concerns
Updated : October 19, 2018 08:02 AM IST
The benchmark S&P 500 index closed just above its 200-day moving average, a key indicator of long-term price trends.
S&P 500 technology and consumer discretionary stocks fell more than 2 percent, as did the tech-heavy Nasdaq. Among the S&P's major sectors, only utilities and real estate, considered defensive, avoided losses.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more