Two U.K. asset managers blocked investors from pulling money out of real-estate funds and the pound sank to a 31-year low as Brexit aftershocks continued.

Britain's central bank relaxed bank-capital requirements to mitigate a possible economic slowdown.

The 10-year Treasury's yield fell to the lowest level ever. U.S. stocks slumped, with the Dow losing 108.75 points to 17840.62.

New investments by major energy companies are offering signs that the deep freeze in oil-industry spending is beginning to thaw.

Hostess Brands plans to list on the stock market this fall as part of a deal valuing the firm at $2.3 billion.

The FDA approved a heart stent developed by Abbott Laboratories that dissolves within two to three years.

Medivation said it had signed confidentiality agreements with several suitors, including Sanofi.

(END) Dow Jones Newswires

July 05, 2016 23:38 ET (03:38 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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