Stocks around the world fell Monday, putting the Dow Jones Industrial Average on track for its longest losing streak since 2011. Government bonds, gold, and the yen found favor, while the WSJ Dollar Index was down 0.5%—around November levels—as doubts about the Trump administration’s ability to push through business-friendly policies percolated through global markets. Shares of banks, insurers and miners were among the worst performers in stock markets on Monday, tracking a decline in government bond yields and commodity prices. Gold, which tends to outperform in times of market stress, climbed 0.8% to $1,258.30 an ounce to around a one-month high, while the dollar fell 1% against the yen to ¥110.1770. Most other stock markets in Asia logged modest declines, with indexes in Hong Kong down 0.7%, and shares in Shanghai and Australia down 0.1%.

Source: Wall Street Journal March 27, 2017 03:14 UTC