Tag Archives: 2month

S&P, Dow hit 2-month lows as investors struggle to overcome coronavirus fears

FILE - In this July 30, 2019 file photo, trader Gregory Rowe works on the floor of the New York Stock Exchange. An economic alarm bell is sounding in the U.S. and sending warnings of a potential recession. Yields on 2-year and 10-year Treasury notes inverted early Wednesday, Aug. 14, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds. (AP Photo/Richard Drew)

U.S. benchmarks on Tuesday tried to claw back from the prior day’s ugly beating, sparked by the rising number of coronavirus cases outside of China. Home Depot’s earnings beat, along with constructive U.S. data, allowed investors to refocus momentarily on the fundamentals. __ 11:30 a.m. ET: ‘What does the bond …

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