US stocks veer lower in latest bout of market volatility

The S&P 500 was down 0.4 per cent, as of 1:56 pm Eastern time. It has swung between a 0.6 per cent high and 0.5 per cent loss. A day earlier, it plunged 2.9 per cent.

Those concerns helped drive the yield on the 10-year Treasury down to 1.50 per cent Thursday from 1.58 per cent late Wednesday. That yield has been steadily dropping since late last year, when it was above 3 per cent. "The countdown to a recession has just started," Hussein Sayed, Chief Market Strategist at FXTM, said.

The trade war isn't the only worry for investors. The United Kingdom's pending exit from the European Union, political unrest in Hong Kong and a totally separate trade war between South Korea and Japan are all adding to the gloom.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Australian stocks thumped amid US recession fearsAround $60 billion in sharemarket value was torched as the benchmark S&P/ASX 200 tumbled 2.85 per cent Libs surplus is cooked
Herkunft: smh - 🏆 6. / 80 Weiterlesen »

The one piece of data that sent US stocks plungingWall Street has sold off sharply as recession fears gripped the market. 9News
Herkunft: 9NewsAUS - 🏆 10. / 72 Weiterlesen »