U.S. stocks fell for a
fourth day in the longest slide since January, as declines in
transportation shares overshadowed a rebound in technology companies.
Treasuries tumbled amid weak auction demand, while oil advanced as Saudi
Arabia bombed targets in Yemen.
The Standard &
Poor’s 500 slipped 0.2 percent at 4 p.m. in New York, erasing advances
in 2015. The gauge fluctuated between gains and losses throughout the
session after earlier losing as much as 0.8 percent. The Stoxx Europe
600 Index lost 0.9 percent. The yield on 10-year Treasury notes added
eight basis points to 2 percent. The Bloomberg Dollar Spot Index
strengthened 0.3 percent. U.S. crude climbed for a fifth day, and gold
added 0.7 percent to pace gains among metals.
The S&P 500 has
tumbled 2.5 percent this week, leaving it 0.1 percent for the year, as
poor data from manufacturing to housing raised concern that growth may
be slowing at the same time analysts forecast the first contraction in
quarterly profit since 2009. Yemen has emerged as the latest ground for a
proxy fight between Iran and Saudi Arabia, the world’s top oil
exporter.
Source : Bloomberg
0 komentar :
Post a Comment