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 drifted in early trading, with indexes mixed, a day after tumbling amid a raft of worries about the pandemic and governments’ response to it.

Stocks are falling sharply in early trading on Wall Street Monday, joining a global tumble for markets as the S&P 500 sinks nearly 2%.

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.