Stocks add to bond decline as 30-year yield approaches 5%.

Wall Street began September on a sour note, with stocks down amid heavy selling of corporate debt and budget concerns in the developed world. Gold hit an all-time high.

Yields on 30-year Treasuries approached 5%, pressuring technology stocks whose valuations have widened during a rally from April lows. While the S&P 500 closed well above session lows, nearly 400 of its stocks retreated. All mega caps fell, with Nvidia Corporation -2%. experiencing its longest decline since March.

Venezuela and PDVSA up between 0.5% to 1.5% with the current news. PDVSA 2020 100%.

In Latin American credits, Argentina -1.5 pts to 2 pts down pts. and Ecuador -0.25 pts.