New York, Aug 14, 2019 (AFP)
Wall Street losses picked up speed Wednesday, sliding to session lows amid worsening economic fears after US Treasury yields briefly inverted, an indicator of a coming recession.
Near 1930 GMT, the Dow Jones Industrial Average had fallen three percent, nearly 800 points, to 25,491.03.
The broad-based S&P 500 slumped 2.9 percent to 2,840.43, while the tech-rich Nasdaq Composite Index dropped 3.1 percent to 7,771.36.
The sell-off came shortly after the yield on the 10-year US Treasury note briefly dipped below the yield on the two-year, a dynamic that has been a reliable harbinger of past recessions.

Sumber : AFP