Dow Jones Sheds 129 Points as Tech Leaders, Nasdaq Surge

Bram Berkowitz, The Motley Fool
·3 min read

The Dow Jones Industrial Average gave up 129 points, but it could have been a lot worse with the Dow falling as much as 600 points at one point earlier today. There didn't seem to be anything new driving stocks lower, but investors continue to worry about a looming recession, which experts and analysts have been warning about for several months now. During the day, yields on the 2-year and 10-year U.S. Treasury bills inverted, which has historically acted as a warning that the economy will fall or has already fallen into a recession.

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