By the numbers: Stock market collapses on Christmas Eve, heads for worst December ever

Image result for By the numbers: Stock market collapses on Christmas Eve, heads for worst December everThe stock market is ending the year on quite the ugly note. Here is where we stand statistically:

MAJOR INDEXES:

  • S&P 500 closed down -2.71% Monday for its seventh negative day in 8 and its worst day since Dec. 4, when the S&P lost -3.24%
  • Until Monday, the Dow & S&P 500’s worst Christmas Eve ever was back in 1985, when they fell 0.63% and 0.69%, respectively
  • S&P hit a new 52-week low Friday of 2,351.10, its lowest level back to April 2017
  • MTD: S&P is down -14.82% on pace for its worst December ever back to back-tested inception in 1928, with the next worst December in 1931 when the S&P lost -14.53%, and its worst month since October 2008 when the S&P lost -16.94%
  • YTD: S&P is down -12.06% in 2018 on pace for its worst year since 2008 when the S&P lost -38.49%
  • Since Record: S&P is 20.06% below its intraday all-time high of 2,940.91 from Sept. 21 closing in bear market levels
  • The CBOE Volatility Index VIX hit a high so far today of 36.10, its highest level since Feb. 9, when the VIX hit a high of 41.06
  • Russell 2K small caps closed down -1.95% today for their 13th negative day in 14, hitting a new 52-week low today of 1,266.92
  • MTD: Small caps are down -17.37% MTD on pace for their worst month since October 2008, when small caps lost -20.90%
  • YTD: Small caps are down -17.49% YTD on pace for their worst year since 2008, when small caps lost -34.8%
  • Since Record: Small caps are 27.28% below their intraday all-time high of 1,742.09 from Aug. 31, closing in bear market levels
  • Dow closed down -2.91% today for its sixth negative day in 7 and its worst day since Dec. 4, when the Dow lost -3.1%
  • MTD: Dow is down -14.67% MTD, on pace for its worst month since Oct. 10, 2008, when the Dow lost -18.15% and on pace for its worst December performance since 1931, when the Dow lost -17.01%
  • YTD: Dow is down -11.84% in 2018, on pace for its worst year since 2008 when the Dow lost -33.84%
  • The Dow hit a new 52-week low today of 21,792.20, its lowest level since September 2017
  • Since Record: Dow is 19.14% below its intraday all-time high of 26,951.81 from Oct. 3, closing in correction levels
  • NASDAQ closed down -2.21% today for its seventh negative day in 8
  • MTD: NASDAQ is down -15.52% on pace for its worst month since October 2008, when the NASDAQ lost -17.73%
  • YTD: NASDAQ is down -10.29% YTD, on pace for its worst year since 2008, when the NASDAQ lost -40.54%
  • The NASDAQ hit a new 52-wk low today of 6,190.17, its lowest level back to August 2017
  • Since Record: NASDAQ is 23.9% below its intraday all-time high of 8,133.3 from Aug. 30, closing in bear market levels

SECTORS:

  • Sectors: 11 out of 11 sectors were negative today, led by Utilities down -4.27%, turning in their worst day since Aug. 8, 2011, when the sector lost -5.47%
  • 10 out of 11 sectors closed in correction levels or worse today:
  • Energy — 31.24% below their May 21 52-week high, closing in bear market levels
  • Materials — 26.15% below their Jan. 26 record close, closing in bear market levels
  • Financials — down 26.09% from their Jan. 26 52-week high, closing in bear market levels
  • Industrials — 25.23% below their Jan. 26 record close, closing in bear market levels
  • Tech — 24.13% below their Oct. 3 record close, closing in bear market levels
  • Consumer Discretionary — 22.99% below their Sept. 27 record close, closing in bear market levels
  • Communication Services — 22.61% below their Feb. 1 52-week high, closing in bear market levels
  • Consumer Staples — down 17.29% from their Jan. 26 52-week high close
  • Health Care — down 15.63% from its Oct. 1 record close
  • Real Estate — down -12.76% from its 52-week closing high
  • The least negative sector today was Communication Services — down -2.02% today
  • Sectors MTD: 11 out of 11 sectors are negative MTD, led by Energy down -18.1% on pace for its worst month ever through our history back to 1998, the next worst month is October 2008, when Energy lost -18.01%
  • The least negative sector MTD is Utilities, down -6.76%
  • Sectors YTD: 11 out of 11 sectors are negative YTD, led by Energy, down -25.31% YTD
  • Note all the S&P sectors have not closed in negative territory for the year since 200
  • The most positive sector YTD is Utilities, down -2.1%, closely followed by Health Care, down -2.31%

OTHER MARKETS:

  • Gold (FEB) has hit a high so far today of 1,273, its highest level since Jun. 25, when gold traded as high as 1,274.4
  • WTI (FEB) has hit a low so far today of 44.10, its lowest level since July 11, 2017, when WTI traded as low as 43.83
  • MTD: WTI is down -13.37%, on pace for its third straight negative month for the first time since June 2017 and its 4-month losing streak
  • QTD: WTI is down -39.82%, on pace for its worst quarter since Q4 2014, when WTI lost -41.56%
  • YTD: WTI is down -27.06% on pace for its worst year since 2015, when WTI lost -30.47%
  • Brent (FEB) has hit a low so far today of 51.83, its lowest level since Aug. 31, 2017, when Brent traded as low as 50.56
  • Dollar index is trading down -0.48%, on pace for its third negative day in 4
  • MTD: Dollar index is down -0.80%, on pace for its first negative month in 3
  • YTD: Dollar index is up 4.74%, on pace for its fifth positive year in 6
  • US 2-year note yielding 2.5927% vs last Friday’s close of 2.643%, hitting a low today of 2.589%, its lowest level since Aug, 22, when the 2-year yielded as low as 2.587%
  • US 5-yr note yielding 2.5927%, yielding about equal to the 2-year at 2.5927%

[“source-cnbc”]

Honor 8X Max Specifications, Design, Colours, Features Tipped by Online Listing Ahead of Launch

Honor 8X Max Specifications, Design, Colours, Features Tipped by Online Listing Ahead of Launch

Honor 8X Max will sport a vertically stacked dual camera setup.

HIGHLIGHTS

  • Honor 8X Max is set to launch on September 5
  • The device will sport a waterdrop-shaped notch
  • It is listed to be priced at CNY 9,998

Huawei’s sub-brand Honor is all set to launch the Honor 8Xand the Honor 8X Max at a launch event in China on September 5. The Max variant is expected to be the more premium model, with a larger screen, and better specifications. Now, more information about the Honor 8X Max has been tipped thanks to its premature listing on JD.com, revealing its complete design, features, and specification details as well.

JD.com lists the Honor 8X Max with a dummy price tag CNY 9,998 (roughly Rs. 103,000). This is obviously just a dummy price tag, and the exact price will be unveiled at the event next week. The smartphone is seen sporting a waterdrop-shaped notch, and a slight chin at the bottom housing the Honor branding. At the back, there is a dual camera setup stacked vertically and a rear fingerprint scanner is seen as well. The smartphone is listed in a Magic Night Black colour option, but the product description page on JD.com has a slew of posters revealing that the Honor 8X Max will also be made available in Blue, and Red colour options. There are complete renders of the phone as well, seen from the front and back.

The posters reveal that the smartphone will sport a huge 7.12-inch display with the waterdrop notch. The screen-to-body ratio is listed to be at 90 percent, and it will support Dolby Atmos sound technology. The back is to sport a 3D design that will reflect differently from different angles. The Honor 8X Max will sport 18W quick charging that will enable 40 minutes of calls with a quick 10-minute charge. The listing was spotted by tipster @banggogo on Twitter.

Previous leaks indicate that both the Honor 8X and the Honor 8X Max will be powered by the Snapdragon 660 SoC. A TENAA listing suggests that the Honor 8X will run on Android 8.1 Oreo, sport a 7.12-inch full-HD+ (1080×2244 pixels) TFT panel with an 18.7:9 aspect ratio, pack 4GB of RAM, 64GB of inbuilt storage, and enclose a 4,900mAh battery under the hood.

The dual rear camera module will bear one 16-megapixel primary sensor and a secondary 2-megapixel depth sensor. On the front, the handset will get an 8-megapixel selfie camera. As for dimensions, the Honor 8X will measure 177.57×86.24×8.13mm and weigh 210 grams.

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Honor 8X Max

Honor 8X Max

  • KEY SPECS
  • NEWS
Display7.12-inch
Processor1.8GHz octa-core
Front Camera8-megapixel
Resolution1080x2244 pixels
RAM4GB
OSAndroid 8.1 Oreo
Storage64GB
Rear Camera16-megapixel + 2-megapixel
Battery Capacity4900mAh
Also See
  • Huawei Honor 8 (Pearl White, 32GB) –
    Rs.12,999
  • Huawei Honor 7A (Blue, 32GB, 3GB RAM)
    Rs.10,449

[“Source-gadgets.ndtv”]

Being Creative Increases Your Risk Of Schizophrenia By 90 Percent

From van Gogh and Beethoven to Darwin and Plath, the number of creative geniuses that have suffered from mental health issues has long sparked the debate – is there a tie between creativity and mental health? Well, according to a new study published in The British Journal of Psychiatry there is, as creatives are more likely to suffer from schizophrenia, bipolar disorder, and depression than the rest of the population.

Previous research has often been limited due to issues like small samples sizes, however, this new study looked at the health records of the whole of Sweden – providing a sample of almost 4.5 million people. The researchers then took into account whether these people studied an artistic subject – like music or drama – at university.

Strangely enough, those with artsy degrees were 90 percent more likely to be hospitalized for schizophrenia than their less creative counterparts. The hospitalizations were most likely to happen at some point during their 30s.

What’s more, artists were 62 percent more likely to be admitted to hospital due to bipolar disorder and 39 percent more likely to go to hospital for depression. The researchers determined that it wasn’t simply the act of going to university that affected mental health, as those with law degrees did not have higher rates of these illnesses than the general population. Variables like IQ were also taken into account.

This is not the first study to find a link between mental health and creativity. For example, in 2010 brain scans revealed similarities between the thought pathways of schizophrenics and very creative people. Meanwhile, a 2015 study found that creative people have a raised risk of both schizophrenia and bipolar disorder. However, a 2012 study found that just writers are at a higher risk.

So why does this connection exist?

Well, it’s still not really clear. It could be that creative people are more likely to think deeply and be emotionally unstable, making them more vulnerable to conditions like depression. Meanwhile, bouts of productivity and high energy are linked to both creativity and bipolar disorder. Lead author James McCabe told New Scientistthat the genetics behind creativity might also influence mental health.

“Creativity often involves linking ideas or concepts in ways that other people wouldn’t think of,” he told New Scientist. “But that’s similar to how delusions work – for example, seeing a connection between the color of someone’s clothes and being part of an MI5 conspiracy.”

However, while creative people are naturally more likely to study art subjects, many creative people do not, so the new study is limited in that it used degree subject as the sole measure of creativity.

However, taking previous research into account too, there does appear to be some sort of link. Still, it’s important to remember that the rates of conditions like schizophrenia are still very low even among creative people, so if you are an artist yourself, there’s no need to worry.

[“Source-iflscience”]

Mercury Sulfate Category – Procurement Insights and Spend Analysis by SpendEdge

Mercury Sulfate Procurement Report. (Graphic: Business Wire)

LONDON–(BUSINESS WIRE)–SpendEdge, a global procurement intelligence advisory firm, has announced the release of their ‘Mercury Sulfate Market Procurement Report.’ The insights and data provided in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemicals industry. This report breaks down the data and analysis behind the procurement of mercury sulfate and acts as an all-inclusive guide for making smart purchasing decisions.

“The demand for mercury sulfate is highly dependent on end-user industries such as chemical, consumer electronics, automobile, and pharmaceutical,” says SpendEdge procurement analyst Tridib Bora. “Also, the suppliers in the mercury sulfate market are involving in M&A to enhance their production capabilities and increase their geographical presence across niche penetrated regions,” added Tridib.

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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Mercury Sulfate Market:

  • Increase in the use of mercury sulfate for water treatment
  • Increase in R&D investments to meet industry-specific requirements
  • Rise in M&A activities

This report is available at a USD 1000 discount for a limited time only: View the report snapshot before purchasing

Increase in the use of mercury sulfate for water treatment:

Globally, the gradual rise in the sea levels has resulted in the need for improving the water treatment of water bodies. The procedure involved in the water treatment includes the addition of mercury sulfate, which separates the sulfate by forming methylmercury. In addition, the use of mercury sulfate also helps the buyers for the treatment of freshwater, and the treated water can also be used for domestic requirements.

Increase in R&D investments to meet industry-specific requirements:

Globally, the suppliers are steadily improving their investments in R&D to increase their production capabilities to meet the specific requirements of the end-user industries. The industry-specific grades are offered with varying properties and purity levels based on end-user applications of mercury sulfate. In addition, a gradual increase in the R&D investments also helps the buyers to adhere to regulations such as ECHA (EU), FDA (US), and EPA (US), which are set forth by the government.

Rising M&A activities:

The mercury sulfate market is highly fragmented with the presence of numerous regional and global suppliers across the globe. This has prompted the suppliers in the market to increase their M&A activities to reach out to a wider target audience. Moreover, it also helped the suppliers to strengthen their financial, technical, and production capabilities.

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Related Reports:

  • Global Crude Oil Category – Procurement Market Intelligence Report
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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

[“Source-businesswire”]