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The Dow fell 460 points Friday as a leading indicator of a US recession and concern about a global slowdown spooked investors.The index shed 1.8%, while the S&P 500 closed down 1.9%. The Nasdaq plunged 2.5%. It was the worst performance for all three major indexes since January 3.The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 — a shift that scared Wall Street. Investors have piled back into stocks after a sell-off in late 2018.The flattening yield curve, or the difference between short- and long-term rates, has worried investors for months. A narrowing spread is typically seen as sign that long-term confidence in the economy is waning, which could signal an eventual economic contraction.Friday's flip added to pressure on the Dow that was building before US markets opened.The index stumbled at the bell on poor manufacturing data from Germany, which also spelled trouble for the country's bond market. The yield on Germany's benchmark 10-year government bond fell below zero for the first time since October 2016.All of that news is fueling Wall Street's ongoing concerns about slowing global growth.White House economic adviser Larry Kudlow told CNBC last year that the spread between 3-month and 10-year Treasury yields was important to watch."It's actually not 10s to 2s; it's 10s to 3-month Treasury bills," Kudlow 1402
The Dow staged a late day comeback on Thursday, ending 260 points higher to close another volatile day on Wall Street.The Nasdaq closed narrowly higher, up 0.4% and the S&P 500 was up 0.8%.Thursday's action came a day after the 244

The European Union chief Brexit negotiator Michel Barnier said Thursday that the EU and Britain had agreed on an outline Brexit deal which still needs to be backed by EU member states and by the respective parliaments.Barnier said the deal removed uncertainty both citizens. businesses and institutions.The EU's chief Brexit negotiator said the agreement also included the transition period which would last until the end of 2020 "and perhaps one or two years further, subject to joint agreement between the EU and Britain.An agreement to revise the political declaration was also struck, Barnier said, which would set out the framwork for the future relationship between the bloc and Britain.Barnier said the deal would be presented to the European Council later in the day.He added that British Prime Minister Boris Johnson told the EU he is confident he can get a deal through the House of Commons. 913
Taylor Swift is certainly not taking a literal interpretation of her single, "You Need to Calm Down."The singer got political during her 2019 MTV Video Music Awards acceptance speech for video of the year, which she won for the pride-themed anthem, to call out the Trump administration's current lack of acknowledgment of the Equality Act petition for LGBTQ rights. A call to sign the petition was featured at the end of her video."It now has half a million signatures, which is five times the amount that it would need to warrant a response from the White House," Swift said, then looked at her wrist as if to gesture she was checking the time on a watch.She also suggested that elected officials against this and similar measures should be wary of a sea change because fans voted "You Need to Calm Down" as the category's winner."In this video several points were made, so you voting for this video means that you want a world, where we're all treated equally under the law," she said.Swift wasn't the only performer to get political at this year's VMAs. Rapper French Montana and "GLOW" star Alison Brie took a pro-immigration stance when they presented the award for best Latin music video.The Moroccan-born musician said he was proud to present the award as an immigrant, adding "I feel like we are the people that make this country, and I feel like I want to be the voice."CNN has reached out to the White House for a response to Swift's comments. 1465
That scene from “Friends” when we find out Ross is still a patient at his pediatrician’s office is getting more common for young adults.One reason is young adults can stay on a parent's insurance until they are 26 years old so it's easier and more affordable to stick with the same doctor.There are downsides though.“If they start to get medical conditions, high blood pressure, hypertension, adult onset diabetes, those more … adult medical conditions, that’s an appropriate time to say, ‘hey maybe it’s time to transition to an adult provider,’ ” said Dr. Christina Johns with PM Pediatrics. The pediatric emergency physician says one benefit of staying on with a pediatrician longer is the patient continues to see someone familiar with their medical history, especially for those with chronic childhood health issues. And she says it prevents the young adults from moving into another trend she's noticing — relying solely on emergency room and urgent care only.“There really does seem to be a large group of adults who use those places as their primary care,” the pediatrician said. “It’s really important to have a relationship with a primary care doctor.”Johns says when young adults become parents and when women need regular OB/GYN care, those are also appropriate times to transition away from a pediatrician.The American Academy of Pediatrics discourages transitioning away from pediatric care solely based on age. Their position is that it’s a decision between a patient and their doctor. It should take into account meeting the needs of the patient and the abilities of the doctor. 1606
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