Markets fell on Friday.
The S&P 500 fell 0.2 percent to extend its decline to nine consecutive days, its longest slide since 1980.
US 10-year Treasury yields fell four basis points to 1.78 percent.
Oil fell. US crude fell 1.3 percent and Brent fell 1.7 percent.
A report showing that US payrolls rose 161,000 last month failed to sustainably boost stocks.
Dennis Debusschere, a senior managing director and global portfolio strategist at Evercore ISI, said: “All expectations of the rate outlook and by extension the markets are being muted by election uncertainty.”
No comments:
Post a Comment