New York — US treasury yields and the dollar dropped to seven-month lows on Tuesday and world stocks slid as political uncertainty from the US to the Middle East and weakness in commodity markets pushed investors away from risky assets. The yen and gold also gained amid prevailing caution as an Arab rift opened up around Qatar, and ahead of testimony from the former head of the FBI, a British election and the European Central Bank’s next move, which all happen on Thursday. Wall Street was lower for a second day after both European and Asian stocks dropped during their sessions. The Dow Jones Industrial Average fell 31.09 points, or 0.15%, to 21,152.95, the S&P 500 lost 5 points, or 0.21%, to 2,431.1 and the Nasdaq Composite dropped 6.70 points, or 0.11%, to 6,288.98. "We’ve had a little bit of a cooling off in equities following the breaking of links with Qatar — a lot of people think it may force oil prices lower and remove some of the inflationary pressures," said RBC economist Ca...
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