Dow, S&P 500 dip after bond trading bites bank profits – Reuters
AFP |
Dow, S&P 500 dip after bond trading bites bank profits
Reuters It was the biggest drag on the Dow. Citigroup's stock dropped 4.4 percent to end at $ 52.60 and was the biggest negative for the S&P 500. The S&P financial sector index .SPSY fell 0.6 percent, making it the biggest loser among the 10 sectors in the S&P 500. S&P 500 Closes At All-Time High On Bank Earnings US STOCKS-S&P 500 retreats from record; bank profits disappoint S&P 500 ekes out new record high |
