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Dow Extends Crippling Losing Streak as Recession Warnings Thunder

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By CCN: The Dow and broader U.S. stock market extended their crippling losing streak on Monday, as plunging technology shares and elevated trade-war risks weighed on investor morale. Market participants are becoming more convinced that the Federal Reserve will begin cutting interest rates as early as this summer to stave off recessionary headwinds. Dow Recovers from Stock Futures Meltdown The Dow Jones Industrial Average declined by as much as 114 points on Monday, reflecting a brutal pre-market for U.S. stock futures. The blue-chip index eventually pared losses, settling down 51.43 points, or 0.2%, at 24,763.31. The broad S&P 500 Index

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* First published on ccn.com

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