Dow Flinches After Chicago Fed Index Flashes Dangerous Recession Signal58.8

By CCN: The Dow and broader U.S. stock market tumbled on Monday, as the combination of poor economic data, geopolitical tensions and a trade-war standoff with China kept investors out of riskier assets. Dow Struggles to Gain Footing; S&P 500, Nasdaq Falter All of Wall Street’s major indexes declined on Monday, mirroring a volatile pre-market session for Dow futures. The Dow Jones Industrial Average fell 121.74 points, or 0.5%, to 25,652.26. The broad S&P 500 Index of large-cap stocks plunged 0.8% to 2,835.84. Nine of 11 primary sectors retreated, with information technology shouldering the heaviest losses. Four sectors booked losses

The post Dow Flinches After Chicago Fed Index Flashes Dangerous Recession Signal appeared first on CCN

Original source
https://www.ccn.com/dow-flinches-after-chicago-fed-index-flashes-dangerous-recession-signal

Add comment

Please Sign in to be able to leave comments.