Stocks ended lower Tuesday in a back-and-forth trading session, weakening as Treasury yields came under pressure and a key measure of the yield curve moved further into inversion territory. The Dow Jones Industrial Average DJIA, -0.47% declined around 122 points, or 0.5%, to close near 25,777, according to preliminary figures, while the S&P 500 SPX, -0.
32% lost around 9 points, or 0.3%, to finish near 2,869. The Nasdaq Composite COMP, -0.34% ended near 7,827, a fall of around 27 points, or 0.3%. The yield on the 10-year Treasury note closed at its lowest level since July 2016 and moved further below the yield on the 2-year note. An inversion of the curve is seen as an often reliable warning signal of future recession.
But gold and silver are up so... its time to load up people. This is going to be the crash of all crashes. Thank you Donald ive been waiting for this since 2009
VinceWatch:
like
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer's lightning round: Financial stocks are off limits until the yield curve improvesJim Cramer takes calls and delivers answers on viewers' stock picks of the day. Didn’t Cramer and his entire CNBC possy just advocate two weeks ago for financial stock? How the times have changed...
Source: CNBC - 🏆 12. / 72 Read more »
European stocks set to open lower amid rising US-China trade tensionsEuropean stocks are set to begin Monday's session in the red as investors react to the latest escalation in the U.S.-China trade war. But... the economy is strong...? 🙄 MAGA TrumpGibberish 🤪😅
Source: CNBC - 🏆 12. / 72 Read more »
European stocks slip to one-week lows on trade war hitTechnology stocks pushed European equities to a one-week low on Monday as invest... Gee I'm watching now and they along with US futures are up FAKENEWS You gotta diversify your bonds StocksHitLow
Source: Reuters - 🏆 2. / 97 Read more »
China's yuan slumps to 11-year low, stocks fall as U.S. trade war escalatesChina's yuan fell to an 11-year low against the dollar on Monday and stocks... There are no winners in a trade war. Both countries have proven their point. Enough is enough They laughed and said it couldn’t be done. That China was already our equal and we should take their thieving abuse and just suck it up. Yet already realDonaldTrump has brought China to its knees. Which is why Xi sues for peace. Meanwhile, Free HongKong! Smart China did not impact anything
Source: Reuters - 🏆 2. / 97 Read more »
Diverging Paths of Stocks and Data Vex InvestorsInvestors say they are finding it increasingly difficult to reconcile the sustained rise in share prices with widening cracks in the U.S. economy. It isn't that hard to figure out. Companies are still buying back stocks from the trillion dollar tax cut that is also leading us into more debt and a higher deficit. More propaganda to undermine the US economy and the current administration! What sick evil twisted group of pathetic losers TheDemocrats and MSM are to deliberately seek to hurt the American just so they can get their way! What evil people! The imaginary cracks that you are trying to spin into reality?
Source: WSJ - 🏆 98. / 63 Read more »
This is an 'interesting' way to play auto stocks as trade tensions boil over, technician saysAuto stocks are caught in the crossfire of the trade war again. Here's how to get exposure to the group with less risk. The best way to play auto stocks is don't play auto stocks and buy gold I play LONG $NIO $APVO Problem with Trump... the guy is a flake. My brother owns a 1200 employee Manufacturing company that makes plastic parts for Auto’s in the US, Mexico and China. He is moving forward to close the plant in China based on Trumps order-Friday! He believes Trump!?
Source: CNBC - 🏆 12. / 72 Read more »