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S&P 500 Falls to Two-Month Low as Banks Tumble on JPMorgan Loss
San Francisco Chronicle Financial shares, which comprise 15 percent of the S&P 500, slid 1.2 percent for the biggest drop among 10 groups. JPMorgan sank 9.3 percent as Chief Executive Officer Jamie Dimon said the lender made "egregious" mistakes and trading losses were "self … Wall Street Posts Weekly Loss; JPMorgan Plummets Stock market decline is muted, despite bank slump US STOCKS-Wall St flat, tech offsets JPMorgan downdraft |