Kate Austin, equityThe amount of money that would be returned to shareholders if a company’s assets were sold off and all its debt repaid. research analyst at Adviser Investments, has the market analysis for Wednesday, December 19. Major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes hit 2018 lows following the Federal Reserve’s anticipated interest-rate hike. The Dow Jones Industrial Average, S&P 500 and NASDAQ dropped 1.5%, 1.6% and 2.2% on the day, respectively. Meanwhile, FedEx fell 12% after lowering its 2019 guidance from a range of $17.20–$17.80 to $15.50–$16.60 as a result of weakness in China and Europe. General Mills, on the other hand, beat second-quarter earnings estimates and advanced 5%.
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