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U.S. Stocks Drop as Treasurys Flash Warning Signal

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U.S. Stocks Drop as Treasurys Flash Warning Signal U.S. Stocks Drop as Treasurys Flash Warning Signal: U.S. stocks slumped and Treasury markets sent a new recession signal Wednesday after weak German and Chinese economic data stoked fears of an impending global slowdown. The Dow Jones Industrial Average dropped 435 points, or 1.7%, shortly after the opening bell, while the yield on the U.S. 30-year Treasury note fell to a record low. The drops erased the optimism sparked a day earlier when the Trump administration abruptly suspended plans to impose new tariffs on goods from China and suggest the volatile swings that have defined trading in August are showing no signs of easin. Trade tensions between the U.S. and China, uncertainty about the Federal Reserve’s interest-rate policy and signs of slowing economic growth have spurred weeks of turbulence that have rippled through the stock, bond and currency markets. In the Treasury market, the yield on the U.S. 30-year Treasury note touched…