U.S. stocks fell, after the Standard & Poor’s 500 Index rose to within one point of a record close, as the International Monetary Fund warned of risks to global growth and Federal Reserve indicated stimulus cuts will likely continue.
U.S. Steel Corp., the nation’s largest producer of the metal by volume, fell the most in 17 months after the Department of Commerce rejected its claim that South Korea is selling steel tubing into the U.S. below cost.
U.S. stocks fell with Treasuries while the dollar gained as Federal Reserve meeting minutes indicated stimulus cuts would likely continue in measured steps and the International Monetary Fund warned of risks to global growth. Ukraine’s bonds tumbled while U.S. natural gas jumped.
Right there on Page 40, in the “Munchies” section, nestled between “pretzels” and “twelve (12) Reese’s Peanut Butter Cups,” is a parenthetical alert so adamant you can’t miss it: “M&M’s,” the text reads, “(WARNING: ABSOLUTELY NO BROWN ONES).”