Posted inWorld

Financials are worst performers globally, but consumer sectors bear watching

On the S&P 100, Bank of America leads losses with a nearly 4% decline, followed by Morgan Stanley and Goldman Sachs. Notably, the big drug retailers, CVS and Walgreen’s, are down by 3.5% and 2.5% respectively. Investment banking and brokerage were the worst performing sector in the S&P 500, followed closely by construction materials — […]

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