Closing changes:
- S&P 500 -0.5%
- DJIA -0.5%
- Nasdaq Comp -0.4%
- Russell 2000 -0.2%
- Toronto TSX Comp +0.5%
On the week:
- S&P 500 -2.3%
- DJIA -0.5%
- Nasdaq Comp -2.8%
- Russell 2000 -1.2%
- Toronto TSX Comp -1.4%
July was a great month for stocks but August has gotten off to a slow start. The market looked like it would turn today as yields fell but that ultimately wasn’t enough. US yields end the day 10-15 bps lower across the curve.
Still, this is the first substantial weekly decline since March so the bulls can’t exactly complain.
This article was originally published by Forexlive.com. Read the original article here.