Dow, Nasdaq Futures prepares New Year's plunge – Is China to blame?

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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Dow Jones Industrial Average futures contracts foreshadowed weak opening towards the 2019 trading session on Wednesday as the US stock market extended the slowdown in which the Dow, Nasdaq, S 500 and P 500 indices worst annual return since the financial crisis of 2008. "data-reactid =" 31 "> The futures on the Dow Jones index provided a small opening to the trading session 2019 Wednesday, while the US stock market prolonged the decline in the Dow, Nasdaq, S & P 500, and other major indexes post their worst annual returns since the 2008 financial crisis.

Nasdaq, Dow and S & P 500 futures all face significant pre-market losses

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "After losing up to 401.46 points commercial market on Wednesday morning, Dow Futures contracts were down 328 points or 1.41% at 8:12 (ET), pushing the index below 23,000. S & amp; P 500 futures were down 1.44%, while Nasdaq 100 The futures contracts posted losses of 2.03% for the opening of the new year. "data-reactid =" 33 "> After dropping 401.46 points during pre-market talks on Wednesday morning, Dow futures were down 328 points or 1.41% from 8:12 am from the East, raising the index below the 23,000 mark. The futures on the S & P 500 Index lost 1.44%, while those on the Nasdaq 100 lost announced losses of 2.03% for the opening of the New Year.

dow jones nasdaq s & p 500 trade war between us and china

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Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Some analysts have put their finger on disappointing economic data from China, including the manufacturing sector contracted in December, for the first time in more than two years. "data-reactid =" 46 "> Some analysts have pointed to disappointing economic data from China, whose manufacturing sector contracted in December for the first time in more than two years.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "According to the Chinese National Bureau of Statistics, the L & # 39; index of Purchasing Managers (PMI) of the country fell to 49.4 in December, an index below 50 indicating a contraction. American-Chinese trade waranalysts expected a slight decline in PMI to 49.9 from 50.0 in November. However, the drop to 49.4 was a surprise, perhaps indicating that Chinese manufacturers are already beginning to feel the effects of the trade war. "Data-reactid =" 47 "> According to the National Bureau of Statistics, the PMI fell to 49.4 in December, down from 50. Analysts had expected a sharp decline in the trade war between China and China, falling to 49.9 from 50.0 in November, 49.4 was a surprise, perhaps indicating that Chinese manufacturers are already starting to feel the effects of the trade war.

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "New weight on the Dow and other clues According to reports, the United States and China may not be as close to a new trade agreement as President Donald Trump claims Last week, "data-reactid =" 48 "> The Dow and other stock indexes weigh more and more on the fact that the US and China may not be as close to one another. new trade agreement that President Donald Trump announced last week.

Earlier, Trump had tweeted that an agreement "was progressing very well" as a result of a "very good call" with Chinese President Xi Jinping. This tweet had resulted in a moderate recovery before the shortened trading session on Monday, the last trading day of 2018.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "However, a New York Times report said the US Trade Representative, Robert Lighthizer, was less optimistic about the state of play of the negotiations and had told his friends and associates that he was planning to 39 to prevent Mr. Trump from accepting China's "empty promises" when both parties reach an agreement. "data-reactid =" 50 "> However, a New York Times report indicated that US Trade Representative Robert Lighthizer was less optimistic about the status of negotiations, telling his friends and associates that he intended to prevent Trump from accepting "blank promises" from China while both parties are hammering out a case.

Is the trade war between the United States and China a distraction from the real enemy of the market?

At the same time, other economic analysts warn that the trade war between the United States and China, though still important, may not be the biggest concern of the stock market in 2019.

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As a CCN reportedPanos Mourdoukoutas, professor at the Department of Economics Chair of Long Island University, wrote in Forbes that he thought that, driven by rising interest rates and the end of "l & # 39; 39, easy money, "the stock market would be the real enemy of the stock market This year," data-reactid = "53"> As reported by CCN, Panos Mourdoukoutas, professor at the chair of the Department of Economics of the 39, University of Long Island, wrote in Forbes that, spurred by rising interest rates and the end of "Easy money – bankruptcies of businesses and banks would be the real enemy of the stock market this year.

"In simple terms, the end of free money puts the global economy in a vicious circle of slower growth," he wrote. "Less consumer debt could spawn less spending. And less spending could fuel waves of corporate bankruptcies. "

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Featured image of Shutterstock. Price table of TradingView."data-reactid =" 55 ">Featured image of Shutterstock. TradingView Price Charts.

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