Traders now see above-even chances of a rate increase in December.Rate-sensitive stocks like utilities, telecoms and real estate posted the largest percentage drops among S&P 500 sectors. Broadly, U.S. stocks were also weighed by the uncertainty over Britain's divorce from the EU. Nikkei futures were up nearly 1 percent.Crude oil prices jumped in post settlement trading after a surprise large draw in inventories in the United States. Crude stockpiles tumbled unexpectedly last week as imports dropped, data from the American Petroleum Institute showed.U.S. Benchmark 10-year notes fell 19/32 in price to yield 1.6899 percent, up from 1.624 percent on Monday.Spot gold prices fell $41.53 or 3.2 percent, to $1,269.92 an ounce.

Source: The Star October 04, 2016 20:48 UTC