Dow Ends Day Down 108
S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Jul 5, 2016 3:16 PM CDT
Trader Christopher Morie, foreground, works on the floor of the New York Stock Exchange, Tuesday, July 5, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks are ending lower and bond prices are rising, pushing benchmark yields to record lows, on new concerns about Britain's decision to leave the European Union, the AP reports. European markets mostly fell and the British pound weakened. Trading was unsettled after three financial firms stopped trading in British commercial real estate funds as investors rushed to pull money out. Energy companies fell more than the rest of the market as oil prices fell. The Dow Jones industrial average lost 108 points, or 0.6%, to 17,840. The Standard & Poor's 500 index slipped 14 points, or 0.7%, to 2,088. The Nasdaq composite fell 39 points, or 0.8%, to 4,822. Bond prices rose. The yield on the 10-year Treasury note dropped to 1.37%, a record low.

 

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