The S&P 500 slipped 0.4% after another day of unsteady trading. Gains by several big technology companies including Oracle helped send the Nasdaq composite index up 0.2%. The Dow Jones Industrial Average fell 0.5%. Treasury yields climbed again, reaching their highest levels in more than a decade.
Also, one of the more reliable warning signals for an economic recession started blinking again. Treasurys, the IOUs the U.S. government gives to investors who lend it money, are at the center of the investing world. The “yield curve" is a chart showing how much interest different Treasurys are paying. It is watched for clues to how the bond market feels about the long-term outlook for the U.S. economy.
On Tuesday, a closely followed part of the yield curve briefly lit up again for the second time this year.
However, the DJI is NOT down to 10,000! How about some quality check on your news reports
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