Wall Street wipes out 2018 gains as FAANG stocks slide into a bear market

pulse

November 20, 2018 4:59 PM

Stocks fell sharply Tuesday as high-flying technology companies plummeted into a bear market, adding to fears about slowing growth and trade tensions.

Stocks erased gains for the year Tuesday, dragged lower by the biggest technology companies.
FAANG stocks entered a bear market, marking the first in seven years for Google parent Alphabet.

Facebook Amazon Apple Netflix Alphabet

The Wall Street Journal reported

shut down retail operations in Mexico

Kohl’s Macy’s SPDR S&P Retail ETF L Brands

Best Buy

China accused

further into a bear market West Texas Intermediate Brent

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