Falling bond yields dragged financial shares lower Tuesday, putting U.S. stocks on course for their fourth consecutive session of losses. Recent declines have dragged the S&P 500 back from near-record levels as investors consider upcoming central-bank decisions, the state of the global economy and next week's U.K. vote on European Union membership. The S&P 500 posted its largest three-day decline since February in the period ended Monday. Major indexes bounced around Tuesday, but remained lower for much of the session. Financial stocks helped lead the S&P 500 lower, with the group falling 1.4%. The financial sector has dropped 4.6% so far in June, sharply outpacing declines in other sectors. The moves have come as bond yields have dropped around the world, with the 10-year U.S. Treasury yield falling near a record low Tuesday, and as investors' expectations for an interest-rate rise in the next few months have diminished.
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