Power Breakfast: Mixed Signals From Global Markets, Dow Slips 110 Pts, NASDAQ 0.6% Up, All Eyes On Powells Speech Today

Dow slipped 110 points amid sell-off in the last hour on Monday. NASDAQ rose 0.6% on buying in selective IT stocks. The 10-year bond yield held steady at 3.55%. Good action was seen in travel, consumer shares. Whereas healthcare, energy, aerospace and defense stocks fell. Shares of Beth Bath & Beyond jumped 25% ahead of the results. All eyes are on Jerome Powell's speech today.