U.S. stocks eased on Wednesday as Treasury bond yields fell again and a prolonge...
NEW YORK - U.S. stocks eased on Wednesday as Treasury bond yields fell again and a prolonged inversion in the yield curve fanned fears of a U.S. economic slowdown.
Worries about global growth have risen recently amid weak economic data, and the Federal Reserve last week abandoned projections for any interest rate hikes this year. Lennar Corp rose 3.9 percent as the No. 2 U.S. homebuilder said it expected the housing market to improve, while shares of KB Home, which reported upbeat results late Tuesday, were up 2.7 percent.
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 26, 2019. REUTERS/Lucas Jackson
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