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Stocks whiplashed on Thursday following Wednesday s 800 point rout. Wall Street is grappling with growing fears of a recession as well as concerns over China s threat to retaliate if the Trump administration moves forward with additional tariffs. The Dow lost 100 poin stanley cup quencher ts at the open before reversing. The blue-chip index closed higher by 99 points, or 0.4%, at 25,579. The SP 500 stock index gained 0.25%, closing at 2,847, and the Nasdaq was essentially flat, closing at 7,766.On Wednesday, the Dow shed 3.1%, while the SP 500 declined 2.9%, reversing gains from the previous day when the U. stanley cup S. delayed some stanley cups uk of the tariffs threatened on Chinese imports. Investors are increasingly wary about the risks of a recession, with those fears highlighted on Wednesday when what s known as the yield curve inverted to its lowest levels since 2007. Considered a classic recession warning signal, an inverted yield curve reflects investor concerns about slowing global economic growth and rising tensions due to the U.S. trade war with China. Continued inversion will be worrisome and top of mind as recession fears are escalating, TD Securities analysts said in a Thursday research note to clients. Inverted yield curve: What does it mean 01:30 When the yield on longer-term T Bpgr U.S. plans for withdrawal of thousands of troops from Afghanistan
CBS From CBS News Maria Gavrilovic:DES MOINES, IOWA -- While the effect that Oprah will have on Barack Obama s presidential bid is still up for debate, her ability to draw a crowd is not. Despite the winter snow storm in Des Moines, people flooded Hy-Vee Hall to see the Queen of Talk. According to campaign estimates, 18,000 people came to see the Obamas and Oprah. Winfrey was introduced by Michelle Obama, who teased the audience, Barack and Oprah couldn t make it tonight, I m just going to termo stanley sing to you! The audience stood up and roared when Oprah took the stage. She told the crowd, So much as been said about what my jumping into this arena does or does not bring to the table of politics and I really don t know. stanley cup Despite the speculation and the hype, I understand the difference between a book club and free refrigerators, Oprah said, I understand the difference between that and this critical moment in our nation s history. Oprah also told the audience this is the first time that she has been compelled to speak out for a political cand stanley thermobecher idate. I am not here for partisan beliefs, she said, Over the years, I have voted for as many Republicans as I have Democrats. Oprah called on the audience to think and to choose Obama as their candidate. For roughly ten minutes, she described what she thinks Obama will bring to the presidency. I believe that Barack Obama will bring statesmanship to the White House, Oprah said, I