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Nowhere to Hide as World of Cross-Asset Pain Hits Investors
A month ago, U.S. stocks were one of just a handful of markets that had doled out a decent return in 2018 -- before $2 trillion was wiped off their value in the space of a few weeks. While the S&P 500 Index pared some losses Thursday, U.S. futures signaled a lower open on Friday amid downbeat results from Amazon.com Inc. and Alphabet Inc. The Stoxx Europe 600 Index has shed over 10 percent this year in dollar terms.
https://finance.yahoo.com/news/nowhere-hide-world-cross-asset-171629657.html?.tsrc=rss
A month ago, U.S. stocks were one of just a handful of markets that had doled out a decent return in 2018 -- before $2 trillion was wiped off their value in the space of a few weeks. While the S&P 500 Index pared some losses Thursday, U.S. futures signaled a lower open on Friday amid downbeat results from Amazon.com Inc. and Alphabet Inc. The Stoxx Europe 600 Index has shed over 10 percent this year in dollar terms.
https://finance.yahoo.com/news/nowhere-hide-world-cross-asset-171629657.html?.tsrc=rss
