Financials Gain as Treasury Yields Fall - Financials Roundup
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Dow Jones
Shares of banks and other financial institutions rose as Treasury yields fell.
Weak retail-sales data spurred bets that the Federal Reserve will cut rates later this year.
Investment firm Blackstone plans to buy Japanese e-comic and information-technology services company Infocom, in its largest private-equity deal ever in the country.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 18, 2024 17:15 ET (21:15 GMT)
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