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Wall Street Mixed as it Digests Macro 'Tsunami'

Sterling hits record low before recovering

U.S. stocks were mixed, oil prices were choppy, while the dollar and Treasury yields rose on Monday as Wall Street digested a raft of macroeconomic news.

The moves came after sterling slumped to a record low earlier in the day, and a renewed selloff in British gilts pushed euro zone bond yields higher as the reaction to last week's fiscal statement in Britain again roiled markets.

The Dow Jones Industrial Average dipped about 0.2 percent, while the S&P 500 and Nasdaq Composite gained 0.10 percent and 0.8 percent respectively.

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