The investment bank's regular survey of global fund managers found that 34% of investors say they have secured downside protection, a record high.
"No trade deal means post-Fund Manager Survey investor mood has soured significantly," Chief Investment Strategist Michael Hartnett told clients.
The day's final numbers are displayed on a monitor on the floor of the New York Stock Exchange at the closing bell, November 19, 2018 in New York City. Technology stocks continued to plunge on Monday, with Facebook and Apple down again as the Dow Jones Industrial average dropped nearly 400 points on the day.
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