Market News and Commentary October 23

U.S. Mail Bombs: Cesar Sayoc Charged After Campaign Against Trump Critics. S&P 500 ends at lowest since May as tech, internet stocks tumble. Stocks could rally 20% after this bruising rout, says Guggenheim’s Minerd — after that, watch out. Fitch says it no longer assumes Britain will get a smooth Brexit. U.S. economy grew by healthy 3.5% in third quarter. Dow, S&P 500 fall as dollar rises, yield curve flat. The global selloff has erased $5 trillion from stock and bond markets in October. Family’s farm at risk as tariffs sink prices. What’s a few trillion gone from investors’ portfolios?

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