Wednesday, March 27, 2019

Dow Swings 350 Points after Treasury Yields Trigger Recession Alarms

By CCN.com: The Dow and broader U.S. stock market fluctuated wildly on Wednesday, as falling bond yields stoked fresh fears that a global economic slowdown would soon hit American shores. Dow Whipsaws Through Wednesday Trading Session The Dow Jones Industrial Average traded within a 353-point range on Wednesday, reflecting a tepid pre-market for U.S. stock futures. The blue-chip index settled down 32.14, or 0.1%, at 25,625.59. Walmart Inc. (WMT) and Chevron Corp (CVX) were the Dow’s biggest laggards. The broad S&P 500 Index of large-cap stocks fell 0.5% to 2,805.37. Nine of 11 primary sectors were in the red, with

The post Dow Swings 350 Points after Treasury Yields Trigger Recession Alarms appeared first on CCN



source https://www.ccn.com/dow-swings-350-points-after-treasury-yields-trigger-recession-alarms

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