U.S. Stocks Retreat as Treasuries Advance Amid Data

Posted by Bloomberg

Share on Facebook

Tweet on Twitter

U.S. stocks fell, with the Standard & Poor’s 500 Index retreating from a record as bank earnings disappointed investors. Treasuries climbed and nickel advanced a fifth day while Turkey led declines in emerging-market shares.

The S&P 500 lost 0.1 percent to 1,845.89 by 4:30 p.m. in New York, leaving the gauge down 0.1 percent this year. Ten-year Treasury yields fell for the first time in three days. Turkey’s benchmark gauge slid almost 2 percent after the lira weakened to a record low and the Stoxx Europe 600 Index slipped from a six-year high. Nickel capped the biggest five-day rally since 2011 and U.S. natural gas rose to a three-week high while gasoline, Brent crude oil and copper led commodity decliners.

….for more details on Earnings Analysis, U.S. Inflation, Emerging Bonds, Commodity Markets, European Moves & specific stocks go HERE

test-php-789