Author: Stan Choe, Associated Press

Stocks slipped Monday as trading cooled on Wall Street and in markets around the world following their strong record-setting runs.

Stocks shrugged off an early drop and closed higher Tuesday, halting the first four-day losing streak since the market sold off early in the pandemic.

The price of oil remained under pressure, while stocks were stable as investors sought clues about the coronavirus pandemic’s mounting impact.

An inverted yield curve has a fairly accurate track record of predicting a recession, and it’s flipped for the first time in more than a decade.