Stocks Fall in Light Trading; Bonds, Dollar Drop: Markets Wrap
- European shares decline after mixed session in Asian markets
- Ten-year Treasury yields gain; pound and yen strengthen
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U.S. stocks fell in light trading on the penultimate day of a blockbuster year for markets. Treasuries and the dollar declined.
The S&P 500 fell the most in more than three weeks amid the countdown to the New Year’s Day holiday Wednesday. Tech shares paced losses, with Facebook Inc., Amazon.com Inc. and Google’s parent company among the biggest decliners. The benchmark is still headed for its best year since 2013.