The S&P 500 notched its first three-day shedding streak in virtually six weeks on Wednesday, as declines for US shares accelerated in late buying and selling.
The benchmark index closed 0.4 per cent decrease for its first three-session fall since late October. The tech-heavy Nasdaq Composite declined 0.6 per cent.
Energy was the S&P 500’s worst-performing sector. US oil benchmark West Texas Intermediate settled 4.1 per cent decrease at $69.38 a barrel, its largest one-day drop in additional than two weeks and bringing it beneath $70 for the primary time since June.
The yield on US two-year notice was up 0.02 proportion factors to 4.6 per cent, indicating a decline within the debt’s value. The 10-year yield dropped 0.06 proportion factors to 4.11 per cent.
https://www.ft.com/content/74589618-c837-4641-a2f4-ae4c303e15b2
