U.S. Stocks Fall As Treasury Yields Rise And Gold Dragon Index Hits 1-Month High

U.S. Treasury yields rose and Treasury spread moves were mixed, while the Gold Dragon Index extended gains for a second day to a one-month high and U.S. stocks fell, according to Ming Pao reported. U.S. military strikes on Iran continued for several days, shipping volumes through the Strait of Hormuz kept declining, and U.S. President Donald Trump was due to deliver a nationwide address later. U.S. June retail sales growth also slowed, and two Federal Reserve regional presidents warned about overheating inflation.