Crater \on the backfoot \volley 截击;齐发\payrolls
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Bloodbath: Stocks Crater As Perfect Storm Of Apple And Recession Fear Strikes
If today is any indication of what to expect from the rest of 2019, then hold on to your hats.
Stocks were already on the backfoot after Monday's shocking Apple revenue guidance cut and the overnight volley of currency flash crashes, yet just as they were attempting to stage a modest rebound following news of Bristol-Myers massive $74 billion acquisition of Celgene and the best ADP payrolls report since February 2018, the hammer hit after the ISM reported a plunge in the December manufacturing ISM, which tumbled to 54.1, the lowest print since Nov 2016 and the biggest monthly drop since the financial crisis.
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