9 September 2020: Tesla Tanks, Trump vs China |  Briscoes Group Global markets closed lower overnight (S&P 500 Index -2.8%) as US stocks fell for a third straight session on Tuesday as heavyweight technology names extended their sell-off. The Nasdaq technology index fell -4.1%, as it heads back into correction territory, down -10% from its peak after an amazing run. Tesla (-21%) suffered its biggest daily percentage drop ever after the stock was passed over for inclusion in the S&P 500 index. At session lows on Tuesday, Facebook, Amazon.com, Apple, Tesla, Microsoft, Alphabet and Netflix had collectively lost more than $1 trillion in market capitalization since Sept. 2. With all major sectors in the red,  traders sought the safety of haven assets, pushing 10-year treasury yields lower down to 0.68% and strengthening the USD, while interestingly gold slipped slightly down -0.2%.  US and China relationship is also back i...