Trade war fears helped set off 6% plunge in oil prices --crude's worst day since Christmas Eve. That kind of escalation would mark an all-out trade war scenario that few thought was possible just a few weeks ago. Worse, there are few signs that the trade war will be over soon because no formal negotiations are scheduled. Tech stocks bore the brunt of the pain, as the technology sector could be particularly hard-hit if the trade war escalates. Hogan said there is still hope among investors that both sides reach a deal without a full scale trade war.

Source: CNN May 23, 2019 11:51 UTC