Shares of banks and other lenders and money managers fell as Treasury yields sank.
The yield on the 10-year Treasury note, which helps set borrowing costs on everything from corporate debt to mortgages, dipped below 1.5% for the first time in a month.
The Securities and Exchange Commission is considering changing rules that govern how U.S. stocks are traded, including pricing incentives that exchanges and brokers use to attract orders, Chairman Gary Gensler said Wednesday. Speaking to an industry conference, Mr. Gensler outlined a broader examination of market structure than he has previously described.
Blockchain startup Solana Labs says it has raised $314 million of new funding to develop technology used in the fast-growing area of the cryptocurrency markets known as decentralized finance, or DeFi.
Write to Amy Pessetto at amy.pessetto@dowjones.com
(END) Dow Jones Newswires
06-09-21 1706ET
