Trade Deficit Gap Widens to 10-Year High

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, March 6. Major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. market indexes saw their third consecutive down day as investors reacted to disappointing economic data. The Dow Jones Industrial Average, S&P 500 and NASDAQ dropped 0.5%, 0.7% and 0.9%, respectively. The Census Bureau revealed that the goods and services deficit in trade widened $9.5 billion in December 2018 to almost $60 billion. Meanwhile, ADP reported a nearly 40% decline month-to-month decline in private-sector employment in February.