Good Morning. The slide in energy costs boosted bond prices and flattened yield curves as investors priced in lower inflation for longer, while safe-haven flows underpinned the US dollar. The S&P500 pulled back 0.3 per cent to 2,446 while the Dow was down by less than 0.1 per cent at 21,517. Cancellation of registration is in addition to the power to levy penalty that was prescribed under the law. According to data from stock exchanges, the portion reserved for qualified institutional buyers was subscribed 4.7 times.

Source: Economic Times June 21, 2017 03:00 UTC