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NEW YORK/LONDON/SYDNEY, Feb 24 - Wall Street stumbled early on Monday after attempting to recover from last week's late slump and Treasury yields likewise dipped, while German election results helped European shares and investors waited for Nvidia's midweek earnings report.
The S&P 500 , was off 0.30% and the Nasdaq Composite , fell 0.88%. The Dow Jones Industrial Average , was slightly firmer. Saluzzi said investors are distracted by German elections, the war in Ukraine, and a range of other headlines."People get scared quick." "In the end a result that was close to the latest exit polls and should be a very market-friendly outcome," said Peter Schaffrik, global macro strategist at RBC Capital Markets.Germany's DAX stock index , rose 0.16%. The pan-European STOXX 600 index , turned 0.33% lower.German coalition talks start as EU leaders are set to hold an extraordinary summit on March 6 to discuss additional support for Ukraine and how to pay for European defence needs.
A survey of U.S. consumers out on Friday showed inflation expectations for the next five years climbed to 3.5%, the highest since 1995.
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