The S&P 500 hit its lowest level of the year. And the Nasdaq joined the Dow & S&P 500 in negative territory for 2018. A weaker reading from the New York Federal Reserve about manufacturing in the Empire State and a drop in confidence from the nation's homebuilders weighed on the markets. "Investors are zeroing in on this idea of slower growth for 2019," said Michael Arone, chief investment strategist at State Street Global Advisors. President Trump, in a tweet Monday morning, repeated his criticism of the Federal Reserve for its recent rate hikes.

Source: CNN December 17, 2018 16:07 UTC