The markets sank for the second day as investors continue their wait see mode ahead of key political events around the world. The Dow closed -0.23% to 21,136.23 while the S&P slipped -0.28% to 2429.33.
Gold rallied and the dollar and Treasury yields were pushed to seven-month lows as investors sought the assurance of safe havens.
Market anxiety remains focused on Thursday's UK elections and former FBI head James Comey testimony.
Gold closed -0.90% to $1,296.30 with predictions that it could breach the $1,300 price barrier.
- Dow 21,136.04 -0.23%
- S&P 500 2,429.33 -0.28%
- NASDAQ 6,275.06 -0.33%
- Russell 2000 1,396.45 -0.64%
- NYSE Composite 11,693.65 -0.21%
- Gold 1,296.30 -0.90%
- Oil WTI $47.95 -0.50%
- 10-year yield 2.15% -0.04%
Retailers faced with online competition are having to rethink their strategies. Macys and Kohls both plunged with the former falling -8.21% to $21.90 as it warned of lower gross margings. Kohls was caught up in the retail sector maelstrom and fell -5.78% to $35.73.
Biggest movers today were across broad sectors but technology company Advanced Micro Devices soared +7.03% to $12.03 on news that a piece of its technology is to be included in Apple's new iMac Pro.
The gold rally propelled Newmont Mining Corp +4.76% to $35.40, and Freeport-McMoRan +3.77% to $11.85.