Stock market skid intensifies, erasing 2018 gains for Dow, S&P 500

Global stocks slide as futures point to Wall Street drop

The S&P 500 finished 1.8 percent lower, pushing it into negative territory for the year.

Technology companies slid after the Trump administration proposed new national security regulations that could limit exports of high-tech products in fields such as quantum computing, machine learning, object recognition and artificial intelligence.

Benchmark US crude lost 7 per cent to $US53.23 a barrel in NY.

The tech-heavy Nasdaq composite lost 147 points, or 2.1 percent, to 6,881. Its shares fell 4%.

Schlesinger advises that people who have invested in stocks look at the numbers with a level head: "Don't worry about the big numbers that you're seeing, these moves are going to be really tough for you to weather day to day, try to just get your head on straight". The stock has plunged 51 percent since November 8 as investors try to assess the damages the company might have to pay if it's held liable for the blaze. US -traded shares of Nissan lost 5.8 percent, while Renault shares dropped 8.4 percent in Paris.

The Dow lost 395 points, or 1.6 percent, to 25,017.

Nissan's USA -listed shares slumped 8.5 percent after the company's chairman Carlos Ghosn was arrested after allegedly under-reporting his income. The Russell 2000 index of smaller-company stocks shed 21 points, or 1.5 percent, to 1,474. Both are still down sharply from the highs they reached earlier in the fall.

I’m A Celebrity star Anne Hegerty reveals heartbreak of losing father
She also revealed how the syndrome costed her a job in proof-reading as her inability to multi-task led to her under-performing. I like to have my own kitchen so I can cook and a washing machine so I can do washing. "You got two [stars]".

Chicago hospital shooting leaves 4 dead, including police officer and gunman
A witness told WBBM-TV that a man shot a woman in the parking lot after an argument, then entered the hospital and kept shooting . Guglielmi said the woman sought an order of protection from a judge, but it's unclear whether she was granted such an order.

Instagram ousting fake followers from accounts
The removal process will be complete once a user logs back onto Instagram , and changers the account password. Photo-sharing platform Instagram has announced a new initiative that will target fake likes and comments.

Bond price didn't move much.

The Dow Jones Industrial Average is one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The yield on the 10-year Treasury note remained at 3.06 per cent.

Benchmark U.S. crude reversed an early loss and rose 0.5 percent to $56.76 a barrel in NY. London's FTSE 100 retreated 0.8 percent. Nissan said an internal investigation found Ghosn under-reported his income by millions of dollars and engaged in other "significant misconduct". The Renault-Nissan-Mitsubishi alliance sold 10.6 million cars a year ago, more than any other manufacturer. In Paris, shares of Nissan's partner Renault dropped 8.4 percent.

The jittery trading came after two days of gains last week as investors hoped that the US and China were moving closer to settling their costly trade fight, which has been a major uncertainty for the market. Pence's comments come ahead of a crucial meeting between President Donald Trump and Chinese President Xi Jinping at the G20 summit slated for the end of November.

Nixon said OPEC countries will probably cut back on oil production, but some investors are anxious that the buildup in crude stockpiles is a sign the global economy isn't doing as well as expected.

The dollar rose to 112.80 yen from 112.54 yen.

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