Markets Right Now: US stocks extend a slide
By Associated Press
Jun 14, 2016 3:08 PM CDT

NEW YORK (AP) — The latest on developments in global financial markets (all times local):

4:00 p.m.

Stocks ended modestly lower on Wall Street, extending a losing streak to a fourth day.

Traders were worrying about the possibility that Britain would decide next week to leave the European Union.

Credit card companies Tuesday fell after Synchrony Financial, the country's largest issuer of store brand cards, said more of its customers were falling behind on their payments. Synchrony plunged 13 percent.

The Dow Jones industrial average fell 57 points, or 0.3 percent, to 17,674. The Standard & Poor's 500 index lost 3 points, or 0.2 percent, to 2,075. The Nasdaq composite declined 4 points, or 0.1 percent, to 4,843.

Bond yields edged higher but are still the lowest they've been since 2012. The yield on the 10-year Treasury note edged up to 1.62 percent.

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11:45 a.m.

Stocks are sliding in midday trading on Wall Street as the Federal Reserve begins its latest policy meeting and investors worry if Britain will decide next week to leave the European Union.

U.S. government bond prices continued to rise Tuesday, sending yields lower, as traders parked money in lower-risk investments.

Credit card companies fell broadly after Synchrony Financial, the country's largest issuer of store brand cards, said more of its customers were falling behind on payments. Synchrony plunged 11 percent.

The Dow Jones industrial average fell 90 points, or 0.5 percent, to 17,640. The Standard & Poor's 500 lost 9 points, or 0.4 percent, to 2,069. The Nasdaq composite declined 23 points, or 0.5 percent, to 4,824.

The yield on the 10-year Treasury note fell to 1.60 percent.

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9:35 a.m.

Stocks are opening mixed on Wall Street as the Federal Reserve begins its latest policy meeting and investors worry if Britain will decide next week to leave the European Union.

U.S. government bond prices continued to rise Tuesday, sending yields lower, as investors parked money in what many consider to be lower-risk investments.

The Dow Jones industrial average fell 3 points to 17,705. The Standard & Poor's 500 rose 2 points, or 0.1 percent, to 2,080. The Nasdaq composite was flat at 4,849.

Rising and falling sectors were evenly split in the S&P 500. Consumer staples fell the most and technology rose the most.

The yield on the 10-year Treasury note fell to 1.59 percent. That's down sharply from 2.30 percent at the beginning of the year.