Materials & Industrials Lead Broad-Based Selloff; Dunkin’ Announces New CEO - Adviser Investments

Materials & Industrials Lead Broad-Based Selloff; Dunkin’ Announces New CEO

Rick Winters, vice president at Adviser Investments, has the market analysis for Wednesday, July 11. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ Composite indexes closed the day down 0.9%, 0.7% and 0.5%, respectively. Today’s broad-based selloff resulted in declines for 10 out of the 11 broad S&P 500 sectors; and materials and industrials led the slump. Overseas, Shanghai’s SSE Composite Index took a hit: It fell 1.8%, and is down 14% year-to-date. Closer to home, Dunkin’ Donuts announced that its president of U.S. businesses, David Hoffman, is replacing Chief Executive Officer Nigel Travis, effective immediately.

Recent Videos

View All Videos

Amazon stocks fall after EU opens investigation

Tesla Drops 3% on DOJ Probe

$200 Billion in Tariffs Imposed on Chinese Goods

NiSource Plunges 11% after Pipeline Explosions

85 Wells Avenue, Suite 109 Newton, MA, 02459

info@adviserinvestments.com 1.800.492.6868

Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.