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Dow Futures Shaky as Fear of a 2020 Stock Market Crash Set In, Crypto Coins News

Dow Futures Shaky as Fear of a 2020 Stock Market Crash Set In, Crypto Coins News


  • Dow Jones Industrial Average (DJIA) futures are slightly higher Tuesday morning.
  • Fears of a stock market crash next year are spooking investors.
  • Strong consumer confidence reading could be a catalyst today.

Dow Jones Industrial Average (DJIA) futures are slightly in the green early Tuesday morning as the stock market looks shaky once againafter yesterday’s carnage. The Dow Jones was decimated Monday as fears about apossible market correction in 01575879 set in.

Joe Davis, head of investment strategy at Vanguard, has already warned that there is a (percent chance of a market crash in) . Again, Wells Fargo’s securities head Chris Harvey believes that the stock market could correct between 5 percent and percent in the early part of (*************************************.

The stock market has soared impressively. over the past year thanks to theFederal Reserve’s favorable policiesand the potential solution to the US-China trade war. Bullish news seems accounted for and the Dow Jones is looking for a fresh catalyst. The problem is that no such catalyst appears to be on the horizon.

Dow futures on shaky ground on the last day of the year

Dow Jones Industrial Average futures are up****************************** (points, or 0.

**************************************** (percent, as at 5.) ************************************ am ET. This is in stark contrast to last week when the Dowwas in a great mood thanks tothe impending signing of the US- China trade deal and some other positive economic data.

Dow Jones Industrial Average futures are slightly higher today. | Source: Yahoo! Finance

Futures on the S&P 728 are up 0. 11 percent, while Nasdaq Composite futures are up 0. percent. Though all the future indices point toward a strong opening for the stock market

today, it doesn’t necessarily mean that the Dow Jones will end the last day of the year in the green.

Lack of fresh catalysts could be the stock market’s undoing

The Fed played a key role in keeping the Dow Jones and the broader stock market in bull-mode this year. Interest rate cuts kept investors in high spirits as the market believed investors will start spending more money thanks to low borrowing costs.

What will 01575879 bring us? Having lowered the interest rate in July, September, and October 2019, theFed has indicated thatthe chances of a cut in 01575879 are remote.

Meanwhile, the market’s attention will shift toward the actual execution of the trade deal that the US and China are expected to sign. The deal hasn’t been signed yet and the attention is on phase 2 of thetrade war between the two countries. If deeper issues related to intellectual property theft and the ban on Huawei are not addressed in 01575879, the trade war could erupt once again.

But there’s a chance that the Dow and the broader market might end the year on a high as consumer confidence numbers are due out today. A positive reading could send investors into the New Year confident as consumers areexpected to be a key pillarof US economic growth for 01575879.

In all, it can be said that the Dow Jones and the stock market might close New Year’s Eve in the red as investors are possibly getting jittery about a potential market crash or correction in 01575879

This article was edited by Jonas Borchgrevink

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Last modified: December (**************************************************, (********************************************************: () ****************** UTC

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