Power Breakfast: Dow And S&P 500 Snap Four-Day Win Streaks As Economic Worries Loom

The Dow slipped 200 points yesterday while the Nasdaq fell 0.5% for the second day in a row. IT, economy related stocks were under maximum pressure. JPMorgan CEO, said, “The current crisis is not yet over.” The 10-year bond yield slipped to 3.35%. Gold scaled a fresh peak on Tuesday, with MCX futures crossing the Rs 61,000 per 10 grams mark for the first time ever.