U.S. stocks started the week lower, adding on to their losses from Friday when all three major benchmarks recorded their worst one-day drop since Jan. 3. The...
U.S. stocks started the week lower, adding on to their losses from Friday when all three major benchmarks recorded their worst one-day drop since Jan. 3. The losses come on the coattails of the inversion of the three-month and 10-year Treasury yield curve, which can be an early recession indicator, and happened for the first one since 2007 on Friday. The Dow Jones Industrial Average DJIA, +0.19% opened 0.1% lower at 25,474, while the S&P 500 SPX, +0.09% started 0.2% weaker at 2,796.
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