Stocks Tumble, Bonds Climb as Slowdown Fears Mount: Markets Wrap

 

 

 

 

Here are the main moves in markets:

Stocks

• The S&P 500 Index fell 1.8% as of 4 p.m. New York time.
• The Nasdaq Composite Index dropped 1.6%, while the Dow Jones Industrial Average slid 1.9%.
• The Stoxx Europe 600 Index sank 2.7%.
• The U.K.’s FTSE 100 Index sank 3.2%.
• The MSCI Asia Pacific Index dipped 0.4%.

Currencies

• The Bloomberg Dollar Spot Index fell 0.1%.
• The euro advanced 0.2% to $1.0959.
• The Japanese yen gained 0.5% to 107.19 per dollar.

Bonds

• The yield on 10-year Treasuries decreased four basis points to 1.59%.
• Britain’s 10-year yield climbed three basis points to 0.500%.
• Japan’s 10-year yield dipped two basis points to -0.164%.

Commodities

• West Texas Intermediate crude lost 2% to $52.56 a barrel.
• Gold increased 1.1% to $1,505.60 an ounce.