Wall Street closes lower as bank stocks decline

Wall Street closes lower as bank stocks decline

Banks shares down ahead of quarterly earnings

By Ovunc Kutlu

NEW YORK (AA) – Wall Street closed lower Thursday with decline in stock prices of major American banks.

The Dow fell 63 points to end the day at 19,891. The S&P declined four points to 2,270.

The Nasdaq decreased 16 points to finish trading at 5,547.

Citigroup and JP Morgan Chase saw their share value fell by 1.2 percent and 1 percent, respectively. Goldman Sachs shares declined by 0.8 percent.

Markets and investors have focused on 2016 fourth quarter earnings of JP Morgan Chase, Bank of America and Wells Fargo to be announced Friday.

Kaynak:Source of News

This news has been read 474 times in total

ADD A COMMENT to TO THE NEWS
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
Previous and Next News