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Market Index
¹ Excludes dividends
Sources: Yahoo! Finance, U.S. Dept of the Treasury, U.S. EIA, Barchart (SWAADY10.RT), Bloomberg, World Gold Council
¹ Excludes dividends
Sources: Yahoo! Finance, U.S. Dept of the Treasury, U.S. EIA, Barchart (SWAADY10.RT), Bloomberg, World Gold Council
U.S. Stocks Fall; Bonds Pause Rally as Fed Eyed: Markets Wrap

U.S. stocks dropped from record highs and the rally in bond markets lost steam as investors prepared for a key Federal Reserve meeting later in the week.

The materials, consumer staples and financials sectors weighed on the S&P 500, which closed at a record Friday. The Treasury 10-year yield rose to 1.48% after hitting three-month lows on Thursday amid the biggest weekly slide since December. 

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New Israeli government faces tension with Palestinians over Jerusalem

Veteran leader Benjamin Netanyahu handed over power in Israel on Monday to new Prime Minister Naftali Bennett but remained defiant as the patchwork government faced tensions with Palestinians over a planned Jewish nationalist march.

Minutes after meeting Bennett, Netanyahu repeated a pledge to topple the new government approved on Sunday by a 60-59 vote in parliament.

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Nato summit: Nato must face up to China's rise, alliance chief says

The head of Nato has urged members to respond to China's rise at a summit designed to shore up US support for the Western alliance.

The summit is expected to issue a statement describing China's behaviour as a "systemic challenge" after the meeting in Belgium.

Secretary-General Jens Stoltenberg said the meeting was a "pivotal moment" for the alliance.

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