Technology and internet companies, industrials and retailers took steep losses as Wall Street's recent bout of volatility continued.
The S&P 500 Index looked set to extend its rally from a day earlier as more company results rolled in, with General Motors, GlaxoSmithKline and Sprint among those beating expectations. The S&P 500 index fell 0.7 percent to 2,641.25. The Shanghai Composite index rebounded 1.2 percent to 2,573.33 and South Korea's Kospi picked up 1.3 percent to 2,021.82.
Stocks have fallen steeply since early October, breaking a long period of relative calm over the summer. The euro fell to $1.1390 from $1.1412.Tokyo's Nikkei 225 sank 0.2 percent and Seoul's Kospi lost 1.5 percent. Bulls remain on the back foot, with early gains Monday fueled by speculation stocks had gotten cheap during the sell-off wiped out in afternoon trading. Microsoft shed 2.9 percent to $103.85. Netflix and Google parent Alphabet were down 5 percent and 4.8 percent, respectively.
Marijuana producers pushed health care stocks higher by 1.4 per cent. Aphria Inc. rose 6.3 per cent, while Aurora Cannabis Inc. and Canopy Growth Corp. increased 2 per cent and 1.5 per cent, respectively. The online retailer also tumbled Friday after it reported weak sales and gave a lower-than-expected revenue estimate for the quarter that includes the holiday shopping season. The Nasdaq has plunged 13 percent from its record high reached August 29.
Since March, the Trump administration has introduced several waves of tariffs worth tens of billions of dollars against Chinese goods in an effort to rebuild the USA industrial base.
A person familiar with the United States administration's tariff deliberations told Reuters news agency there could soon be movement towards a new round of tariffs, adding that "the wheels are turning" in that direction. Most of those imports are now being charged a 10 percent tariff, which is set to increase to 25 percent at the end of the year.
"I think it's a reflection of the lack of conviction that we have in the market right now", Fehr said in an interview. IBM fell 4.1% to $119.64.
Indeed, mixed messages have become a recurring feature of the administration's approach to China during the trade war, including from the president, who has on a number of occasions made discouraging remarks about the prospect of resolution through dialogue, including talks proposed at the invitation of the US Treasury. Any slowdown in China would weigh on New Zealand exports.
The presentation stated that the character is still in development and will be available several months after the game launches. The Nintendo Direct is still live, so we will update this post with more news as it comes.
Another key addition will reportedly be a USB Type-C port, which will be able to output 4K HDR video to external displays. AirPower, which has seen numerous delays (as recently as last month), was removed nearly entirely from Apple's website.
Hatice Cengiz, who is Turkish, said she would never have planned to marry the journalist had she known it would lead to his death. In his speech, Erdogan mocked the initial story of Khashoggi's disappearance as "childish" and "far from state seriousness".
Israel rarely acknowledges it has reached a truce with Gaza's militant groups, which it designates as terrorist organisations. Hamas has demanded a full lifting of the blockade, which has made it increasingly hard for Hamas to govern.
Arsene Wenger says taking charge of a Premier League club would be "odd" after teasing a return to management early next year. Wenger added he will "certainly not" manage in England again out of respect for Arsenal .
Nishikori, in his third final this season, is seeking his first title since 2016 and potentially a spot in the ATP finals. Federer broke in the second game of the final set but Simon refused to give in and replied in the seventh.
It's going to happen again this weekend as Ronaldo has ventured to Serie A and Messi has picked up an arm injury. Real Madrid will travel to the Camp Nou to engage the Blaugrana in the first Clasico of the campaign.
Red Sox continue to mock Yankees after World Series win
After surrendering a home run to David Freese on the first pitch, he allowed just three hits and struck out five in seven innings. They thrived in their role, and Cora not only looks like a genius, but a genius who will soon have another World Series ring.
Russell, Harris lead Nets past winless Cavaliers 102-86
Cleveland is now stuck with expiring contracts for overpaid veterans, just like when James left last time (for South Beach). The Cavaliers were 3 of 18 on 3-point attempts Wednesday and have made 28 of 87 from behind the arc for the season .