{"id":84965,"date":"2021-09-20T07:55:39","date_gmt":"2021-09-20T11:55:39","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=84965"},"modified":"2021-09-20T07:56:07","modified_gmt":"2021-09-20T11:56:07","slug":"evergrande-default-triggers-massive-selloff-of-all-30-dow-stocks","status":"publish","type":"post","link":"http:\/\/stateofthenation.co\/?p=84965","title":{"rendered":"<h1><b>Evergrande Default Triggers Massive Selloff of All 30 DOW Stocks<\/b><\/h1>"},"content":{"rendered":"<h1><strong>All 30 Dow stocks fall as Evergrande default fears spark selloff<\/strong><\/h1>\n<p><!--more-->By\u00a0Tomi Kilgore<br \/>\nMarketWatch<\/p>\n<p>Shares of all 30 components of the Dow Jones Industrial Average\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/index\/DJIA?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"INDEX\/US\/DOW JONES GLOBAL\/DJIA\">DJIA,\u00a0-0.48%<\/a>\u00a0are trading lower in Monday&#8217;s premarket, led by financials, as part of\u00a0<a class=\"icon none\" href=\"https:\/\/www.marketwatch.com\/story\/dow-futures-drop-300-points-as-china-property-fears-grow-11632121264?mod=article_inline\">a global equity selloff<\/a>\u00a0sparked by concerns over the collateral damage from the potential default by\u00a0<a class=\"icon none\" href=\"https:\/\/www.marketwatch.com\/story\/wall-street-yawns-as-china-property-giant-nears-default-what-investors-need-to-know-11631908197?mod=article_inline\">China-base real estate developer Evergrande Group<\/a>\u00a0<a class=\"qt-chip positive\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/EGRNY?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/OOTC\/EGRNY\">EGRNY,\u00a0+28.84%<\/a>\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/3333?countryCode=HK&amp;mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/HK\/XHKG\/3333\">3333,\u00a0-10.24%<\/a>.\u00a0Among the biggest early decliners, shares of American Express Co.\u00a0<a class=\"qt-chip positive\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/AXP?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNYS\/AXP\">AXP,\u00a0+0.79%<\/a>\u00a0sank 2.9%, Goldman Sachs Group Inc.\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/GS?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNYS\/GS\">GS,\u00a0-1.32%<\/a>\u00a0gave up 2.5% and J.P. Morgan Chase &amp; Co.\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/JPM?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNYS\/JPM\">JPM,\u00a0-0.26%<\/a>\u00a0shed 2.5%. The most active Dow stock was Apple Inc.&#8217;s\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/AAPL?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNAS\/AAPL\">AAPL,\u00a0-1.83%<\/a>,\u00a0which slid 1.2%. The best performer was Traveler Companies Inc.&#8217;s stock\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/stock\/TRV?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"STOCK\/US\/XNYS\/TRV\">TRV,\u00a0-0.24%<\/a>,\u00a0which slipped just 0.1%. Meanwhile, Dow futures\u00a0<a class=\"qt-chip negative\" href=\"https:\/\/www.marketwatch.com\/investing\/future\/YM00?mod=MW_story_quote\" target=\"_blank\" rel=\"noopener\" data-track-hover=\"QuotePeek\" data-charting-symbol=\"FUTURE\/US\/XCBT\/YM00\">YM00,\u00a0-1.80%<\/a>\u00a0tumbled 540 points, or 1.6%.<\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.marketwatch.com\/story\/all-30-dow-stocks-fall-as-evergrande-default-fears-spark-selloff-2021-09-20\">https:\/\/www.marketwatch.com\/story\/all-30-dow-stocks-fall-as-evergrande-default-fears-spark-selloff-2021-09-20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All 30 Dow stocks fall as Evergrande default fears spark selloff<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-84965","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/84965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84965"}],"version-history":[{"count":0,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/84965\/revisions"}],"wp:attachment":[{"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84965"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}