Dow Drops On Concern Over Growth, Corporate Earnings Recession; ‘Safe Harbor’ US Bonds, Gold Rallies
This story was updated at 2:55 p.m. EST.
U.S. stocks fell Monday as traders absorbed Friday’s mixed U.S. jobs report and mulled a massive decline in tech stocks. Investors will look to Federal Reserve Chair Janet Yellen’s congressional testimony later this week for further clues about the timing of the next interest rate hike.