Spot gold rose 1.1 percent to $1,293.47 after earlier touching its highest since November, while U. S. 10-year Treasury yields
touched a session low of 2.129 percent, their lowest level since the days following the November U. S. Presidential election.
NEW YORK — Major U. S. stock indexes ended near session lows on Tuesday as traders shied away
from risky assets ahead of major political and economic headlines expected on Thursday.
Britain’s general election as it maps its exit from the European Union, the European Central Bank’s policy meeting
and former FBI Director James Comey’s testimony before a Senate panel could all affect investor sentiment.
Walmart fell 1.7 percent to $78.93 after Amazon said it would offer its Prime subscription service at
a discount to U. S. customers on government aid, taking aim at a piece of Walmart’s customer base
The Dow Jones Industrial Average fell 47.81 points, or 0.23 percent, to 21,136.23, the S&P 500 lost 6.77 points, or 0.28 percent, to 2,429.33
and the Nasdaq Composite dropped 20.63 points, or 0.33 percent, to 6,275.06.
Comey was investigating whether Donald Trump’s presidential campaign
and Russia colluded to sway the 2016 U. S. election when he was fired by Trump in May.
His testimony could dampen already flagging momentum for the U. S. President’s agenda of rolling back regulations and overhauling the tax code.