What to watch today: Wall Street looks lower after two-session winning streak

What to watch today: Wall Street looks lower after two-session winning streak

BY THE NUMBERS dipped Tuesday after back-to-back gains on Wall Street. The advanced nearly 2% to start the week as 's (TWTR) 27% surge on 's new stake in the social network sparked a rally in tech stocks. Twitter added another 5% in Tuesday's premarket on news Musk will join Twitters' board. (CNBC) Tuesday morning and key yield spreads, the 2-year/10-year and the 5-year/30-year, remained inverted. It's a bond market phenomenon that has often preceded economic recessions. Traders were selling bonds at the shorter end of the yield curve on concerns the Federal Reserve will get more aggressive in its interest rate-tightening cycle. Bond prices move in the opposite direction of yields. (CNBC) extended gains Tuesday on as the U.S. and its European allies considered new sanctions against Moscow over allegations of war crimes by . West Texas Intermediate crude added 1%, rising to more than $104 per barrel after Monday's 4% increase broke a two-session decline. (Reuters) Two EU officials, who did not want to be named due to the sensitivity of the talks, the European Commission will propose banning coal imports from Russia. Imposing sanctions on the Russian energy sector has been a challenge for the European Union