Let's Call the Whole Thing OffBy
The Standard & Poor’s 500 index lost 1.3 percent to 1,308.93 at 4 p.m. in New York, after climbing as much as 0.7 percent in the first minutes of trading. Futures on the gauge surged as much as 1.5 percent before U.S. markets opened. The euro weakened 0.3 percent to $1.2484, after surging 1.2 percent. Oil fell to an eight-month low, reversing a 3 percent jump, and the S&P GSCI Index of commodities slid 1 percent. Ten-year Treasury note yields decreased 5 basis points to 1.59 percent, after surging 9 basis points earlier.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Puerto Rico Faces Hurricane Maria After Irma’s $1 Billion Damage
- The World’s Biggest Wealth Fund Hits $1 Trillion
- Finland’s Welfare State Has a Massive Baby Problem
- Equifax Suffered a Hack Almost Five Months Earlier Than the Date It Disclosed
- Toys ‘R’ Us Collapses Into Bankruptcy Thanks to Crushing Debt