10 Dec 18 - Week Ahead | S&P 500 at a Critical Level Global markets sold off again on Friday, as the US market losses were led by Technology stocks with US markets experiencing their largest weekly percentage drops since March as concerns over US-China trade tensions and interest rates convulsed Wall Street.   Stock in Focus: S&P 500 Index For a change, we have decided to focus on the US market today, given its important for driving global investor sentiment which in turn is reflected in the Aussie and Kiwi markets.   The S&P 500, an index of the top 500 US listed companies is now down -10% from its October peak, and trading at support levels which it has previously bounced off of – as illustrated by the chart below.   The question is whether the sell-off will become more severe, and there are a lot of factors at play right now. We remain focused on 2 key risks: 1) a trade war...