U.S. Stocks Fall With Dollar as Treasuries Rise: Markets Wrap
- Yen climbs to highest in a month, gold extends advance 3rd day
- European bonds advance; stocks decline as Roche slumps
Commerzbank's Bantis Sees Volatility Over Qatar Spat
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U.S. stocks fell a second day, the dollar weakened to an eight-month low and Treasuries advanced as caution prevailed before testimony Thursday from former FBI Director James Comey, the ECB’s policy decision and the U.K. election.
The S&P 500 Index fell the most since mid-May as consumer and industrial shares slumped. Equities briefly pared declines on reports Comey would stop short of saying the president sought to obstruct justice. Europe’s equity benchmark slid the most in a week. Gold headed for a seven-month high and the yen rose to the strongest since April, while 10-year Treasury yields fell to the lowest since November.