Banks help lead U.S. stocks lower

U.S. stocks finished lower Monday for the second time in the last three trading days. Banks gave back some of their recent gains after a jump in interest rates last week sent them up sharply.

Mining and chemical companies fell after China cut its economic growth forecast. More than twothirds of the stocks on the New York Stock Exchange fell. That included consistent losses for banks, investment firms and insurers.

Delta Air Lines fell 2.6% to $48.85 after it gave a disappointing revenue projection. United and American Airlines each fell 3%.

Poultry firms slumped after a bird flu outbreak was found at a Tennessee farm that is a supplier to Tyson Foods. Although Tyson said it doesn’t expect its business to suffer, the news brought back bad memories for investors: In 2015, U.S. poultry producers lost 48 million birds to a different strain of the virus. Tyson shares fell 2.5% to $61.99.

NantHealth dived 23.3% to $5.50 after an article in the publication Stat said the company’s founder — Patrick Soon-Shiong, who is a major shareholder in the Los Angeles Times’ parent company, Tronc — gave a big charitable donation in a way that steered most of the money back to NantHealth and enabled it to report inflated numbers to investors.

GoPro slid 7.9% to $8.14 after Goldman Sachs downgraded its rating to “sell.”

Bond prices continued to slip. The yield on the 10-year Treasury note rose to 2.49% from 2.48%. Stocks that pay big dividends fell again.

Benchmark U.S. crude fell 13 cents to $53.20 a barrel. Brent crude rose 11 cents to $56.01 a barrel. Natural gas futures jumped 2.6% to $2.90 per 1,000 cubic feet. Wholesale gasoline rose 2 cents to $1.67 a gallon and heating oil rose 1 cent to $1.60 a gallon.

Gold fell $1 to $1,225.50 an ounce. Silver rose 3 cents to $17.77 an ounce. Copper fell 4 cents to $2.65 a pound.

The dollar fell to 113.92 yen from 114.05 yen. The euro fell to $1.0588 from $1.0605.