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What's Going On With The U.S. Stock Market?04:26
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Morgan Stanley is one of the banks sharing the blame for Facebook's disappointing stock market ride since going public last week. (AP)MoreCloseclosemore
Morgan Stanley is one of the banks sharing the blame for Facebook's disappointing stock market ride since going public last week. (AP)

The arrest of a top Chinese technology executive rattled the U.S. stock market Thursday. The S&P 500 is down nearly 2 percent Thursday, nearly 5 percent since Monday, and it's below the level where it started the year.

The arrest of chief financial officer of the Chinese telecom giant Huawei, coupled with a decline in oil prices, has stoked fears that a trade deal between the U.S. and China could be in turmoil.

To top it all off, U.S. government bonds are on the edge of a yield-curve inversion — which has triggered concerns of a coming recessions.

We break down what this all means for consumers.

Guest

Conor Sen, opinion columnist at Bloomberg and a portfolio manager at New River Investments. He tweets @conorsen.

This segment aired on December 6, 2018.

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