Friend, U.S. Stocks Continue Lower; Dow Sheds 500 Points | Tradinggods.net

[TradingGods.net Logo] ****Advertisement***** [Avoid the Critical Mistakes in this Business of Trading]( Be a student of the markets and focus on mastering the basics of trading for profit while managing risk. Most amateurs take unlimited risks for limited gains, this is not a good business strategy. Instead, learn from the mistakes that you make in the market and be persistent. [Check out this webinar and learn how to reduce these critical errors.]( *****Advertisement***** Dear Trading God Friend, S&P 500, Dow Jones, Nasdaq continue lower following massive selloff. U.S. stocks traded sharply lower on Thursday, as markets resumed their downtrend following Wednesday's sudden plunge. The large-cap S&P 500 Index (NYSEARCA:SPY) declined 2.1% to 2,728.36, a new three-month low. All 11 primary sectors finished lower, with energy and financials leading the declines. Dow industrials (NYSEARCA:DIA) fell 546.31 points, or 2.1%, to 25,052.43. The Nasdaq Composite Index (NYSEARCA:QQQ) reversed gains to finish down 1.3% at 7,329.06. The Chicago Board Options Exchange (CBOE) Volatility Index (NYSEARCA:VXX) rose to fresh six-month highs on Thursday, as risk-off trading continued to influence investor sentiment. The so-called “fear index” settled at 26.32, which is well above the historic average. Equity markets on Wednesday experienced their worst single-day drop since February, with the Dow shedding more than 800 points. The selloff triggered massive declines in Asia, with China’s benchmark Shanghai Composite Index plunging more than 5%. In economic data, U.S. consumer inflation rose less than expected last month, though the underlying trend continued to show rising cost pressures throughout the economy. The consumer price index (CPI) rose 0.1% in September and 2.3% annually, the Department of Commerce reported. Core inflation, which strips away volatile goods such as food and energy, rose 2.2% year-over-year. Separately, the Labor Department said jobless claims rose by 7,000 last week to a seasonally adjusted 214,000. The Final Word: Volatility made a stunning return on Wednesday, possibly signaling the death knell for the bull market. Rising bond yields and a rollover in the tech sector are expected to keep share prices under pressure for the foreseeable future. *****Advertisement***** [9 Stocks To Hold Forever]( Individual stock selection is more critical than ever. New FREE report reveals some of the very best stocks to own today. One of the names has the potential to be the most valuable stock in the history of investing. Get on board before it's too late! [Download your copy today.]( *****Advertisement***** [Ridgeline Media Group LLC BBB Business Review]( Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,]( [Terms of Use,]( [Privacy Policy]( before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email. If you no longer wish to receive our emails, click the link below: [Unsubscribe]( Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States Media Group, LLC/html