Stock Market Today: November 21, 2019
Harvey S. Katz, CFA and John E. Seibert III | 11/21/2019
The stock market started lower today, as sentiment for a trade deal between the United States and China weakened. The higher levels of uncertainty caused the markets to fall a bit, while in other news, weekly initial jobless claims remained at a five-month high. Too, a few quarterly earnings results out of retailers were weaker than expected. All told, the Dow closed off by 55 points; the NASDAQ lost 21 points; and the S&P 500 was down five points, closing in the red for the third time in a row.