Stocks drift lower as week begins, recession fears mount

  • Stocks drift lower as week begins, recession fears mount

    U.S. stocks kicked off the week on a down note as recession fears mount ahead of a round of fresh economic data due this week including the final read on 2Q GDP. Overseas the spiraling British pound added more strength to the U.S. dollar. In commodities, oil ticked up to the $79 per barrel level.

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