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Thursday, June 1, 2017

U.S. stocks close lower as financial shares slump

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U.S. stocks fell on Wednesday as financial shares dragged on the broader market, while mixed economic data also dampened buying interest. Bank stocks were notable losers after big industry players J.P. Morgan Chase and Bank of America expressed caution over weakening trading in the second quarter. Meanwhile, pending home sales in April fell 1.3% to …

The post U.S. stocks close lower as financial shares slump appeared first on ForexTV.

June 01, 2017 at 01:16AM

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from Market Watch

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