US: Wall St slips with bank shares in focus
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] US stocks opened lower on Wednesday, with financials in focus after global regulators fined five major banks for failing to stop their traders from trying to manipulate the foreign exchange market.
The Dow Jones industrial average fell 71.8 points, or 0.41 per cent, to 17,543.1, the S&P 500 lost 6.08 points, or 0.3 per cent, to 2,033.6 and the Nasdaq Composite dropped 9.03 points, or 0.19 per cent, to 4,651.52.
Utilities were the worst performers on the S&P 500.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?