U.S. equities eked out a gain as renewed concern over economic growth and trade disputes broke the momentum behind the market’s post-Christmas rally. After a strong start to the week, the rally in equities faded as policymakers in Europe, Britain and Australia tamped down economic forecasts, stoking concern that global growth is slowing. Information technology stocks gained 1.8 percent, with chipmakers among the standouts after Microchip Technology signaled a sector downturn is nearing its end. The Treasury will sell $45 billion of three-month bills and $39 billion of six-month bills Monday. The government will also sell four-week bills and eight-week bills Thursday.

Source: Washington Post February 08, 2019 22:30 UTC