MARKETS: U.S. stocks turned broadly lower in midday trading as investors became more cautious following a record-setting day for major indexes.
News headlines today: Feb. 20, 2020NEW YORK -- U.S. stocks turned broadly lower in midday trading Thursday as investorsbecame more cautious following a record-setting day for major indexes.
Bond prices rose sharply as investors sought safety, sending yields lower. The yield on the 10-year Treasury slipped to 1.51% from 1.57%. OVERSEAS: Markets in Asia were mixed. The Shanghai benchmarkjumped1.8% after China’s central bank cut interest rates to help ease credit for companies hurt by the virus outbreak. European marketsmostly fell.
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