Dow futures down over 300 points on global growth concerns, yield-curve inversion
Stock-index futures pointed to a lower start for Wall Street Wednesday, following a series of worrying data on global growth and after the yield on the 10-year U.S. Treasury note fell below that of the 2-year note, marking an inversion of the main measure of the yield curve and flashing a recession warning signal. Futures for the Dow Jones Industrial Average (YMU19) fell 313 points, or 1.2%, to 26,001, while those for the S&P 500 (ESU19) shed 32.25 points, or 1.1%, to 2,899.75. Nasdaq-100 futures (NQU19) meanwhile, lost 97.75 points, or 1.3%, to 7,650.25.
Published:8/14/2019 7:12:34 AM