Wall Street slipped on Tuesday hurt by a fall in financial stocks, while revived worries about a U.S. recession overshadowed early optimism of a resolution to the prolonged trade dispute between the world's two largest economies. Investor sentiment soured after the inversion in the U.S. Treasury yield curve deepened further and the benchmark 10-year yields slipped, underscoring safe-haven demand and worries about a softening global economy. "The fact of the matter is that the last time the yield curve inverted was in 2007 and we went into a recession in December of the same year," said Michael Geraghty, equity strategist at Cornerstone Capital Group in New York.

source https://finance.yahoo.com/news/us-stocks-wall-street-slips-174204176.html?.tsrc=rss