Stocks Slide, Yields Surge as Earnings Woes Deepen; Yen at New Low

Futures on the Nasdaq 100 index extended a slide after poor corporate earnings, while the yen fell to a new low for the year.

Currency traders on alert after the yen's drop increases risk of intervention from Tokyo authorities.

Treasury yields surged after weak demand at a 5-year note auction, reinforcing recession worries.

Wall Street fell amid corporate earnings concerns, while oil steadied and gold was little changed.

Key events this week include ECB rate decision, US GDP data, earnings from Amazon and Intel.