Shares of banks and other financial institutions fell as a strong unemployment report stoked concerns about Federal Reserve policy.

The recent increases in Treasury yields have added stress to credit markets at a time when investors are pulling money out of private-credit funds.

Real-estate and infrastructure investment manager Brookfield Asset Management said it has added $67 billion in assets so far this year, putting it on pace to reach a fundraising high.

The booming data-center category is among Brookfield's infrastructure investments.


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

(END) Dow Jones Newswires

05-08-26 1713ET