NEW YORK - Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recession that was heightened by data showing Germany’s economy in contraction and China’s worsening.
The yield on the benchmark 10-year U.S. Treasury note US10YT=RR fell below 1.6% to its lowest since September 2016. The slide in equity and oil markets erased the previous session’s sharp gains after the United States moved to delay tariffs on some Chinese products. On Wall Street, the interest-rate sensitive bank index .SPXBK slipped 3.7% and the broader financial sector .SPSY fell 3.0%.fell 0.24% to $1.1144. The Japanese yen strengthened 0.93% versus the greenback at 105.77 per dollar.
Does this mean a lot of people would have been better investing their savings in the bottle shop It seems that these drops are becoming more erratic and more often the more Trump Tweets Now they have less money to spend at the bottle shop so they won't be able to party no money
The inversion is an ill portent
Only because some chart
Donald’s economy !
Brace yourselves!
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Hostile Planet’ Producer Plimsoll Productions Secures Multimillion Dollar Investment From Private Equity Group LDCEXCLUSIVE: Plimsoll Productions, the production company behind series including Nat Geo’s Hostile Planet and Yellowstone Live, has secured multi-million-dollar investment from private equity firm L… 🥳
Source: DEADLINE - 🏆 109. / 63 Read more »
BlackRock private-equity pivot grinds away in betaCEO Larry Fink aims to disrupt the giant money manager’s business before others do. Yet he has struggled to raise a new long-term fund, and its first deal, a $625 mln stake in Sports Illustrated-to-shoes owner Authentic Brands, is a tad dull. His ambitions demand a bigger splash.
Source: Breakingviews - 🏆 470. / 51 Read more »
Stocks move broadly lower as trade war anxiety lingersBanks and technology companies are driving a broad slide in stocks on Wall Street that has knocked the Dow Jones Industrial Average more than 300 points lower We're sure showing the Chinese who's boss. Thankfully this doesn't affect the lower and middle class! Huh. That would be a disaster eh? Wait... My RMD will be lower this year.
Source: ABC - 🏆 471. / 51 Read more »
Asia stocks set to trade lower as Dow falls below 26,000 amid geopolitical fearsStocks in Asia were set to trade lower on Tuesday following an overnight plunge on Wall Street stateside that saw the Dow Jones Industrial Average plunging more than 350 points. Yes MSSGA Trump's economy The big plunge is coming, sooner or later Dow Jones at nearly the exact same level as market close January 12th, 2018!! Art of the Deal, realDonaldTrump When? ffs
Source: CNBC - 🏆 12. / 72 Read more »
CBS And Viacom Stocks Both Sink As Merger Deal Nears Close – UpdateUPDATED with closing stock prices. Shares of CBS slipped 2% after early gains and Viacom’s dropped 5% Monday as investors reacted to word that the companies were near the finish line in their…
Source: DEADLINE - 🏆 109. / 63 Read more »
A gun-free Vanguard fund unwittingly included gun stocks for a month'Though the exposure to these holdings was very modest, we regret that the error occurred and apologize to shareholders,' said a Vanguard spokesman.
Source: BusinessInsider - 🏆 729. / 51 Read more »