US stocks veer higher in latest bout of market volatility - Sentinel-Tribune: News

US stocks veer higher in latest bout of market volatility

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Posted: Thursday, August 15, 2019 5:23 pm

Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going.

The major U.S. stock indexes spent most of the day wavering between gains and losses. They turned mostly higher by late afternoon after a sharp slide in U.S. government bond yields eased.

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