"A correction was imminent, and once the US market started to show weakness, the fall has been extensive, especially for mainland financials and property stocks", he said. "The thing to watch is if we see the 10-year Treasury yield move, it will cause more pain in the stock market".
Those losses came as little surprise, with moves in major U.S. markets providing the cue for global investors.
Boeing (BA.N) and United Tech (UTX.N) rose about 1.5 percent, providing the biggest boost to the Dow, while Amazon's (AMZN.O) 1 percent rise helped lift the S&P.
The Standard & Poor's 500, the benchmark for many index funds, is also 10 percent below the record high it set two weeks ago. The Nasdaq was down 275 points to 6,777, a 3.90 percent decline.
Both the S&P 500 and the Dow sank more than 4 percent on Monday, their biggest falls since August 2011, as concerns over rising USA interest rates and government bond yields hit record-high valuations of stocks.
Despite the turbulence, Tuesday's trading looked similar to the patterns that have shaped the market for the previous year: investors bought companies that do well when economic growth is strongest.
Despite the heavy losses this week, the Dow remains up 36% since Trump's election. Those include worries about a potential rise in US inflation or interest rates and whether budget disputes in Washington.
On Monday, February 5, 2018, the Dow plunged by nearly 1,600 points and this decline is the biggest decline in points seen in history.
Timberlake takes the Super Bowl LII halftime show stage
Fallon hosted the two performers in a post-game broadcast as they finally offered up a live television version of their new song. The Super Bowl halftime show is the most widely viewed televised event of the entire year, according to Nielson ratings.
The S&P 500 last confirmed a correction in January 2016, when it fell 13.3 percent amid concerns about a slump in oil prices. It lost 1,032 points, or 4.2 percent, to end the day at 23,860.
The Dow Jones industrial average briefly sank 500 points in afternoon trading after surging more than 349 points earlier in the day.
All major sectors were down Thursday, with technology, real estate and financials leading the plunge, signaling investor unease around interest rates and the prospect of higher inflation.
The market's main gauge of volatility, the CBOE Volatility Index, was at 30.5 points on Friday, down 3 from Thursday and well below the two-and-a-half-year high of 50.30 on Tuesday. Brent crude gave up 70 cents, or 1.1 percent, to $64.81 per barrel.
The yield on the 10-year Treasury bond ticked higher again on Thursday morning, to 2.88%.
Investors anxious that rising wages will hurt corporate profits and could signal an increase in inflation that could prompt the Federal Reserve to raise interest rates at a faster pace, putting a brake on the economy.
Wall Street tumbled back into sell-off mode Thursday (Feb 8), with the Dow plunging more than 1,000 points as worries over interest rate hikes continued to drag the market down. When bond yields rise, those stocks become less appealing to investors seeking income.
"While today would be crucial in seeing if the bulls can wrestle back control for Asian markets, it does appear that we have finally entered a period of increased volatility", says Jingyi Pan, market strategist at IG in Singapore. Hong Kong's Hang Seng skidded 5.1 percent and South Korea's Kospi declined 1.5 percent. The Nasdaq was up 48 points, or 0.7 percent, to 6,825.
CURRENCIES: The dollar recovered to 109.42 yen from 108.61 yen late Tuesday. The euro slipped to $1.2263 from $1.2276.
He also cited that Rajya Sabha Chairman Venkaiah Naidu had himself said that Renuka Chowdhury's behaviour was unacceptable. Information and Broadcasting Minister Smriti Irani took on Chowdhury over her "badtameezi" (ill-mannered behaviour).
Separatists had called for strike on Friday to press their demand for the return of Afzal's mortal remains to his family. Afzal was hanged inside the Tihar Jail in Delhi on February 9, 2013, for his role the in 2001 attack.
Following the sale, the senior vice president now directly owns 176,418 shares of the company's stock, valued at $6,437,492.82. Since August 23, 2017, it had 0 insider buys, and 7 sales for $23.51 million activity. $740,883 worth of Cisco Systems, Inc.
Dunbar was a defensive tackle at LSU in 1990, when Mitchell, now 66, was the Tigers' defensive coordinator and linebackers coach. That makes another on-field coach that Nick Saban will need to replace in a very short amount of time.
Analysts are also projecting an Average Revenue Estimate for Government Properties Income Trust as $108950 in the Current Quarter. ValuEngine upgraded Medical Properties Trust from a "hold" rating to a "buy" rating in a research note on Thursday, November 9th.
The chance to play with James and George might appeal to the veterans hungry to be a part of a winning franchise. Or the team could let Randle leave and instead re-sign Caldwell-Pope, Lopez or another free agent altogether.
Chelsea have begun negotiations with Luis Enrique as they look to replace Antonio Conte , according to stunning reports in Spain. Without his pace and composure at the back, Chelsea conceded seven goals in two games against Bournemouth and Watford .
Company has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.50. The company reported the earnings of $0.01/Share in the last quarter where the estimated EPS by analysts was $-0.01/share.
The pan-European FTSEurofirst 300 index lost 1.89 per cent and MSCI's gauge of stocks across the globe shed 1.26 per cent. Elsewhere, oil prices continued to lose ground, pushing Woodside down 1.6 per cent and Santos down 2.2 per cent.
"Around 4:55 am suspicious movement was noticed by the Santri and his bunker was sacked upon, the fire was retaliated". Jammu's Inspector General of Police SD Singh Jamwal said suspicious movement was noticed at around 4.55 am on Saturday.
Lowe Brockenbrough & reported 23,043 shares or 0.2% of all its holdings. 103 funds opened positions while 367 raised stakes. Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment.
The Times quoted a source as saying one was party was " like a full on Caligula orgy ", with girls wearing Oxfam T-shirts. As soon as we became aware of the allegations we immediately launched an internal investigation.
Son of Rick Adelman dies after being hit by auto
The Adelmans were an integral part of and positive contributors to our organization and this community from 1983 to 1994. Adelman was also an assistant coach with the Houston Rockets when his dad was head coach for the team.
Sri Lanka opt to bat first in 2nd Test
Earlier, Bangladesh resumed its first innings on 4-56 and lost 5-3 in three overs to give Sri Lanka a big lead. The first Test in Chittagong ended in a draw with Mominul Hoque scoring tons in both innings.
Viacom (VIAB) Trading 7.2% Higher on Earnings Beat
Investors generally keep an extensive variety of technical indicators at their disposal for completing technical stock analysis. An investor should look at the management end of the company and how their decisions have reflected through the company stock.
Winter Olympics Begin In South Korea
Zhiqun Zhu, a Bucknell University professor, said to not be fooled by appearances during the games in PyeongChang , South Korea. The U.S. and its allies are not ruling out military action against North Korea , Vice President Mike Pence told NBC News .
Nagaland Elections: Scrutiny of nominations conducted today
Our correspondent reports that several heavyweight candidates including from Congress, UDP and BJP have their nominations. "Mr. Zeliang filed his papers as the ruling Naga People's Front (NPF) candidate from Peren assembly constituency.
Actual life heroes star in Clint Eastwood French assault…
Certain characters bring up their faith so infrequently that when they do, it feels awkwardly wedged in and somewhat confusing. Hundreds of years ago, we erected statues; 50 years ago, we waited until said hero died and named a street or park after them.
By Sunday, Chicago to potentially see over 20 inches of snow
Hank Stawasz was out shoveling his driveway, clearing a path for the retiree to exit his home in the Detroit suburb of Livonia. State Police said about 50 vehicles were involved in the pileup in the highway's eastbound lanes just east of Kalamazoo.
Teva Tumbles on New Guidance, But CEO Optimistic
Penserra Capital Management LLC bought a new position in Teva Pharmaceutical Industries during the 3rd quarter valued at $129,000. The stock of Teva Pharmaceutical Industries Limited (NYSE:TEVA) has "Buy" rating given on Tuesday, January 31 by Bank of America.