HumblePi
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[h=1]Dow set to fall 300 points after bond market flashes a recession warning, bank stocks drop[/h]
Dow set to fall after bond market flashes a recession warningU.S. stocks were set to open lower Wednesday morning, giving back some of Tuesday’s solid gains, after the U.S. bond market flashed a troubling signal about the U.S. economy.
Futures on Dow Jones Industrial Average indicated a negative open of about 305 points. Futures on the S&P 500 and Nasdaq Composite were both lower, as well.
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The stockmarket has been extremely volatile this week. It was down on Monday, soared on Tuesday. Today, the market jitters have set in after the US bond market signaled bad news for the US economy.
The market will open in a few minutes, the futures indicated it will open more than -400 points.
Dow set to fall after bond market flashes a recession warningU.S. stocks were set to open lower Wednesday morning, giving back some of Tuesday’s solid gains, after the U.S. bond market flashed a troubling signal about the U.S. economy.
Futures on Dow Jones Industrial Average indicated a negative open of about 305 points. Futures on the S&P 500 and Nasdaq Composite were both lower, as well.
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The stockmarket has been extremely volatile this week. It was down on Monday, soared on Tuesday. Today, the market jitters have set in after the US bond market signaled bad news for the US economy.
The market will open in a few minutes, the futures indicated it will open more than -400 points.