Stock Prices Skid for a Second Week

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Stock prices skidded for a second week as inflation expectations slipped and Brexit worries mounted. Low yields in Germany, Japan, and the U.K. continued to push investors into the U.S. markets, driving the ten-year U.S. Treasury yield beneath last week’s three-year low. Oil prices fell but mostly recovered by Friday as the U.S. dollar slid. Gold prices continued to gain.

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