The following are the headlines discussed at Aldwin Callen's Monday morning briefing:
- The S&P 500 fell 4.1 percent for the week, but rallied on Friday following a six-day losing streak.
- European stocks had their worst week since Feb., down 4.8% on concern about corporate earnings.
- In the third quarter of 2018, global output of oil and other petroleum products reached a new high of more than 100 million barrels.
- US bond yields moved in line with US stock prices for most of the week — down then up.
- The US dollar dipped but remains relatively high vs. most major currencies.
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