Dow Stalls as Market Struggles for Direction
Yields on Treasuries fell as investors continued to seek safe-haven assets as the risk of another U.S. government shutdown grows and investors await a Federal Reserve decision on Wednesday.
Gold has broken above the $5,000-an-ounce barrier as Senate Democrats resist supporting a funding bill for the Department of Homeland Security after another fatal shooting in Minneapolis, risking a shutdown.
The Fed is widely expected to leave interest rates on hold this week, but markets will be scrutinizing accompanying comments for any signals on when rates could be cut again.
The 10-year Treasury yield fell 2.8 basis points to 4.211%, Tradeweb data show.