The S&P 500 sank more than 1%, unable to add to a 5% surge that was the biggest since March 2009. The index is careening toward its worst month of the record bull run and is down nearly 17% in the quarter as issues including higher interest rates, political turmoil in Washington and concern about global growth hammer at investor sentiment. Havens came back in vogue, with Treasury 10-year yields slipping below 2.8%, and gold climbing with the yen.
Source: “Los Angeles” – Google News