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Stock impact report

Wall Street falls on geopolitical tensions, recession fears [Reuters]

Roku, Inc. - Class A (ROKU) 
Last roku, inc. - class a earnings: 2/13 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.roku.com/investor-relations
Company Research Source: Reuters
Wall Street falls on geopolitical tensions, recession fears - Reuters 4 Min Read NEW YORK (Reuters) - U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession. All three major U.S. stock indexes closed sharply lower in light trading, with little to soothe market jitters over Hong Kong protests, Argentine President Mauricio Macri’s primary election defeat, and the U.S.-China tariff dispute that has rattled markets for months. “The stock market’s selling off because the bond market is rallying like crazy,” said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago. “There’s a flight to safety and there are multiple silos of political uncertainty.” “People are starting to give up and buy treasuries to wait it out,” Battle said. “Gold is a beneficiary too.” The flight from risk sent gold prices up 1%, Show less Read more
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