US markets start 2019 with a whimper as government shutdown drags on
Weak data in Asia and Europe confirmed fears of a global economic slowdown
US stocks started the new year with a more than 1% decline on Wednesday, as weak data in Asia and Europe confirmed fears of a global economic slowdown while the US government shutdown dragged on.
All 11 major S&P sectors were lower in early trading, with declines in the technology and healthcare indexes weighing the most on the market. All 30 of the Dow Industrial components were in the red.