Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
The Dow Jones Today Is Tethered by an Inverted Yield Curve
https://moneymorning.com/?p=1108311
Required Please enter the correct value.
Twitter
Stocks: amzn, BABA, BRK.A, M, WMT

The Dow Jones Today Is Tethered by an Inverted Yield Curve

By Money Morning Staff Reports, Money Morning • August 15, 2019

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

The Dow Jones today is flat despite a big day of earnings, thanks to an inverted yield curve signaling recession. Thirty-year U.S. Treasury bonds have also met historic lows.

Yesterday (Wednesday) was the Dow's single worst session of 2019, an 800-point loss.

Here are the numbers from Wednesday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 25,479.42 -800.49 -3.05
S&P 500 2,840.60 -85.72 -2.93
Nasdaq 7,773.94 -242.42 -3.02

Now, here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.

The Top Stock Market Stories for Thursday

  • This morning, U.S.-China trade is back in the headlines. Following Wednesday's 800-point rout, U.S. President Donald Trump has proposed a "personal meeting" between Chinese President Xi Jinping and himself. Trump suggested a meeting over Twitter to discuss the ongoing geopolitical crisis in Hong Kong, where hundreds of thousands of residents have protested a bill that would allow extradition to mainland China.
  • Wednesday's trading session saw the two-year Treasury bond tick above the 10-year Treasury bond. The "2-10" yield inversion is viewed as a negative signal for an economy and has historically suggested that a recession is on the horizon. That said, President Trump and his economic advisor Peter Navarro both blasted the Federal Reserve for its failure to provide greater support and lower interest rates for the American economy. With markets around the globe in a panic, investors moved enough money into U.S. bonds that they drove the 30-year Treasury bond to an all-time low. Despite the 30-year bond falling under 2%, U.S. debt is still paying a more attractive rate than many other economies at the same maturity. The Japanese government's 30-year bond sits at just 0.15%, while the German bund pays a rate of -0.20%.

Live Now: Robert Herjavec is helping Americans find new ways of investing to create generational wealth. Click here to watch...

  • Oil prices continued to drop as concerns about a recession mixed with a surprise uptick in U.S. inventory levels. The Energy Information Administration reported that U.S. crude stocks increased by 1.6 million barrels last week. Analysts had expected a decrease of 2.8 million barrels. Ongoing worries about tariffs, weak economic data from Europe and China, and the recent yield inversion are pushing prices lower as well. WTI crude was off 1% to fall under $55 per barrel, while Brent crude dipped another 1.3% to $58.70.

Stock to Watch Today: WMT, M, AMZN, BABA, BRK.A

  • Shares of Walmart Inc. (NYSE: WMT) are in focus as the global retail giant reports earnings before the bell today. Retail stocks were absolutely pummeled Wednesday after Macy's Inc. (NYSE: M) reported dismal earnings and slashed its forward guidance. Investors in Walmart will look to determine if the company is keeping up with its rival Amazon.com Inc. (NASDAQ: AMZN) on e-commerce sales.
  • Alibaba Group Holding Ltd. (NYSE: BABA) will also report earnings before the bell Wednesday. The Chinese e-commerce giant is expected to report a small downturn in revenue growth. The bigger question for the company, however, is whether its Hong Kong IPO will face any headwinds (or outright cancellation) due to the Special Administrative Region's ongoing political unrest.
  • Amazon.com Inc. (NASDAQ: AMZN) received a boost of confidence after Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK.A) announced it had increased its stake in the e-commerce giant by 11% in the second quarter. Warren Buffett's shop now owns 537,700 shares that were worth $1.02 billion at the end of the June quarter.
  • Look for additional earnings reports from Nvidia Corp. (NASDAQ: NVDA), Applied Materials Inc. (NASDAQ: AMAT), Tapestry Inc. (NYSE: TPR), Madison Square Garden Co. (NYSE: MSG), Canadian Solar Inc. (NASDAQ: CISQ), and Dillard's Inc. (NYSE: DDS).

America's Favorite Angel Investor Shows How Easy It Is for Anyone to Invest in Ground-Floor Startups

You've probably seen stories about this person or that person making an absolute fortune from some unknown startup suddenly becoming a household name... like Uber, Airbnb, SpaceX, or Bird.

Now, it's your turn.

Shark Tank's Robert Herjavec is showing how easy it is for anyone to turn as little as $50 into what can be life-changing windfalls... all from investing in startups.

Click here to learn more...

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz