You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live

0

0

▲  1st Inning 0 outs

Snapshot: Dow turns in a fifth straight losing day

Continue reading below

Early this month, stocks hit record highs. But Tuesday, the Dow had a 5th straight losing day. The S&P 500 and Nasdaq rose a bit, but it was their first time out of the red in four days. The slide may reflect a shift in investor strategy. Till June, bond funds were popular, but that was before the Fed chairman signaled a pullback in the $85 billion-a-month bond-purchase program may not be far off. As investors exit bonds, prices fall and yields rise. That makes dividend-paying stocks less attractive: Treasurys offer similar returns with less risk. REITs have been hit amid concern about interest rates, and there are worries about retailers and consumer spending.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.