Wednesday, 3 August 2016

Markets fall as oil extends decline

Markets fell on Tuesday.

The S&P 500 fell 0.6 percent, the STOXX Europe 600 fell 1.3 percent and the MSCI Asia Pacific Index fell 0.4 percent.

Oil continued to decline with West Texas Intermediate crude falling 1.4 percent.

US 10-year Treasury yields increased by three basis points to 1.56 percent after Japanese bonds sold off.

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