Dow Dumps 300Pts, Stocks Erase Friday 'Trade-Hope' Gains

Writer at ZeroHedge • Jan 22, 2019 at 12:18 PM EST

US equity markets have been a one-way trade lower since the open, erasing all of Friday's gains as China macro disappointed and trade-deal headlines spooked investors.

US equity markets have been a one-way trade lower since the open, erasing all of Friday's gains as China macro disappointed and trade-deal headlines spooked investors...

Dow Futures are down over 300 now...

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And all the majors have erased Friday's gains...

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Notably, all the major US indices remain above their 50DMAs but those are critical levels to watch if today's selloff accelerates...

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