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Wall Street falls on geopolitical tensions, recession fears Rate-sensitive financials weigh on S&P 500, Dow

August 12, 2019

"The stock market's selling off because the bond market is rallying like crazy," said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago. "There's a flight to safety and there are multiple silos of political uncertainty.""People are starting to give up and buy treasuries to wait it out," Battle said. "Gold is a beneficiary too."

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