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5.12 - oil loses price along with everything else

5.12 - oil loses price along with everything else
5.12 - oil loses price along with everything else

Markets today see the biggest slide after the mid-October selloff which is attributed towards Chinese confirmation of trade talks with the United States. We see declines not only in the Asian shares, but virtually everywhere today.

Losses also caught up with Facebook, Apple and Amazon, leaving the biggest companies in the world with no gains.

Oil declines as well as the precious metals.

Topix lost 0.5 percent.

Shanghai Composite lost 0.6 percent.

S&P 500 futures added 0.3 percent.

MSCI Asia Pacific slid 1.1 percent.

Hang Seng lost 1.7 percent.

Nikkei Stock Average 225 lost 0.69 percent.

Dow Jones Industrial Average decreased 3.1 percent.

Dollar increased 0.2 percent against the basket of six major currencies.  

Euro lost 0.2 percent - $1.1319.

Pound lost 0.3 percent - $1.2681.

Yen declined 0.3 percent – 113.06 per dollar.

Apple shares lost 4.4 percent, not extending yesterday’s gains - $176.69.

Facebook lost 2.24 percent - $137.93.

Amazon decreased 5.87 percent - $1668.4.

Tesla gained 0.34 percent - $359.7.

WTI oil drops 1.48 percent - $52.46.

Brent loses 1.58 percent - $61.1 per barrel.

Gold lost 3.8 percent - $1234.2 per ounce.

Silver declined 0.09 percent - $14.41 per ounce.

Platinum lost 10 percent - $792 per ounce.

Palladium decreased 3 percent - $1223 per ounce.

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