Wall Street's go-to recession indicator is starting to get attention

Past may not be prologue for financial markets as the global economy continues to reel from the pandemic. But a traditional recession signal is still catching Wall Street's attention.

News: What you need to know about the markets     Wall Street's go-to recession indicator is starting to get attention Past may not be prologue for financial markets as the global economy continues to reel from the pandemic. But a traditional recession signal is still catching Wall Street's attention. Read more »   Crowd fundraising site says it will defy Canadian court order to stop disbursing funds to convoy protesters Online crowd fundraising site GiveSendGo said on Twitter it will not follow a Canadian court order mandating it stop distributing funds to convoy protesters. Read more »   Americans keep feeling worse about this high-inflation economy Prices keep rising, and Americans are growing concerned that Washington's policies won't do much about it. Read more »   Workers in Michigan could lose up to $51 million in wages this week because of trucker protest, group estimates Workers in the Michigan auto industry could lose up to $51 million in wages this week, due to the trucker protest at the US-Canada border, according to Anderson Economic Group. Read more »   US business leaders sound the alarm on US-Canada border blockade Three of America's largest business groups are warning the trucker-inspired protests along the US-Canada border are further straining stressed-out supply chains. Read more »   Super Bowl commercials cost $7 million. It's still a good deal Super Bowl commercials are more expensive than ever. But for advertisers, they're a better deal than ever. Read more »

Dow Nasdaq S&P -503.53   -394.49   -85.44 34,738.06   13,791.15   4,418.64 -1.43%   -2.78%   -1.90% YTD -4.40%   YTD -11.85%   YTD -7.29%

Biggest Winners Occidental Petroleum Corp +5.65%   Newmont Corporation +5.50%   Coterra Energy Inc +4.87%   NORTHROP GRUMMAN CORP +4.53% Biggest Losers Under Armour Inc -12.49%   Under Armour Inc -11.37%   Epam Systems Inc -9.41%   Lumen Technologies Inc -6.83%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $93.83 +3.95 / +4.39% Gold $1,862.70 +25.30 / +1.38% 10-yr 1.96% -0.08 Euro $1.13 -0.01 / -0.55%

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