All Major US Equity Indices Are Now Red For 2018

decreasing stock

From Tyler Durden: After being up almost 18% year-to-date in August, the Nasdaq Composite has just plunged into the red for the year, joining all other major US indices…

From their closing highs, Dow -8.6%, S&P -9.9%, Nasdaq -14.8%, Russell -15.3%

This is now Nasdaq’s worst year since 2011…

How long until we hear from President Trump?

The Invesco QQQ Trust Series I (QQQ) was trading at $160.99 per share on Tuesday afternoon, down $1.07 (-0.66%). Year-to-date, QQQ has gained 3.53%, versus a 0.28% rise in the benchmark S&P 500 index during the same period.

QQQ currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #1 of 41 ETFs in the Large Cap Growth ETFs category.

This article is brought to you courtesy of ZeroHedge.