The worst stock market performance is not when the yield is inverting, but after it begins to steepen again, according to Bespoke.
Stocks fell Tuesday as doubt about a permanent deal between the U.S. and China crept into traders’ minds
The Dow slumped 200 points, led by losses in Apple. The S&P 500 declined 0.7 percent as the technology sector lagged. The Nasdaq dipped 0.67 percent.
Amazon, Apple and Microsoft are in a tight race for the title of world’s most valuable public company.
Amazon is now in the running in a three-way race to become the world’s most valuable public company.