Shares of banks and other financial institutions rose as Treasury yields fell.

Weak retail-sales data spurred bets that the Federal Reserve will cut rates later this year.

Investment firm Blackstone plans to buy Japanese e-comic and information-technology services company Infocom, in its largest private-equity deal ever in the country.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

06-18-24 1715ET