rounded corner
rounded corner
top border

Market Snapshot - Tuesday 12.03.19

Bookmark and Share

DJIA Futures Tuesday 12.03.19

S&P 500 Futures Tuesday 12.03.19

Nasdaq Composite Futures Tuesday 12.03.19

Stocks are on a three-day losing streak after President Trump said he might wait until after the 2020 presidential election before striking a trade deal with China.

He said earlier today, I like the idea of waiting until after the election for the China deal, stating further that he has no deadline and that it is better to wait.

Despite the markets recent negative performance, following a month of blistering gains, President Trump said that the decline is minor when compared to its cumulative performance since he took office.

The now elusive phase one trade deal has been at the center of market sentiment and the overall headline volatility that has fueled the markets rise positive and negative fluctuations. As the US and China have implemented an escalating series of tariffs--the next round of tariffs on Chinese goods scheduled for December 15--markets have been looking forward to a phase one trade deal to help resolve at least this segment of economic and geopolitical uncertainty.

Now investors are faced with the possibility that such an agreement may shift from vague to vanishing. The Dow plunged 280.23 points, giving back -1% to close at 27,502.81. The S&P 500 fell to 3,093.20, down -0.7%. The Nasdaq Composite ended the day at 8,520.64, down -0.6%.

The risk of loss in the trading of stocks, options, futures, forex, foreign equities, and bonds can be substantial and is not suitable for all investors. Trading on margin or the use of leverage is not suitable for all investors and losses exceeding your initial deposit is possible. Supporting documentation is available upon request. Trading futures, options on futures, and FX involves substantial risk of loss and is not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources and only risk capital should be used. Opinions, market data, and recommendations are subject to change at any time. The lower the margin used the higher the leverage and therefore increases your risk. Past performance is not necessarily indicative of future results.

Recent articles from this author

About the author

Karl Montevirgen is an independent content writer. Having been involved in the commodities and FX markets for the last 9 years, Karl writes for several companies and publications in the finance space. 

You can view his extended profile, list of publications, and theoretical content work on his LinkedIn page. 

Published by Barchart
Home  •  Charts & Quotes  •  Commentary  •  Authors  •  Education  •  Broker Search  •  Trading Tools  •  Help  •  Contact  •  Advertise With Us  •  Commodities
Markets: Currencies  •   Energies  •   Financials  •   Grains  •   Indices  •   Meats  •   Metals  •   Softs

The information contained on is believed to be accurate but is not guaranteed. Market data is furnished on an exchange delayed basis by Data transmission or omissions shall not be made the basis for any claim, demand or cause for action. No information on the site, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options contracts. is not a broker, nor does it have an affiliation with any broker.

Copyright ©2005-2020, a product. All rights reserved.

About Us  •   Sitemap  •   Terms of Use  •   Privacy Policy