BUZZ-U.S. stocks weekly: On the defensive
May 24, 2019 at 16:22 PM EDT
** S&P 500 drops for 3rd straight week as trade tensions, global growth worries mount. SPX loses 1.2% ** Indeed, SPX levels bear watching, especially in contested territory ** And timid Nasdaq troops preceded a general retreat. This with a tech war brewing ** That said, Dow Industrials show some fight ** Most sectors take fire: Energy, tech and consumer discretionary retreat most, while defensive plays stand ground ** Energy slumps 3.4%. Group falters as crude prices hit
