Hot Stock Analysis – Companhia Energetica de Minas Gerais SA (NYSE: CIG) – Stocks Pen

U.S. stocks ended lower on Monday as market sentiment was dented by fears of escalating trade tensions between Washington and its major trade partners.

The Dow Jones Industrial Average fell 328.09 points, or 1.33 percent, to 24,252.80. The S&P 500 was down 37.81 points, or 1.37 percent, to 2,717.07. The Nasdaq Composite Index fell 160.81 points, or 2.09 percent, to 7,532.01.

The Dow dropped more than 490 points at the day’s lowest, with Intel and Caterpillar among the worst performers on the index. Shares of Intel and Caterpillar slide 3.41 percent and 2.40 percent, respectively, at market closing. The blue-chip index stated nine negative results during the past ten trading sessions.

More than half of the 11 primary S&P 500 sectors closed lower. The Nasdaq Composite was mainly dragged by the decline of Micron Technology and Netflix stocks. Shares of both companies sank more than 6 percent.

Shareholders also digested a batch of economic data.

The Chicago Fed National Activity Index (CFNAI) was negative 0.15 in May, down from positive 0.42 in April, indicating slower economic

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