Wall Street pulled lower by financial, health stocks

Wall Street pulled lower by financial, health stocks
 

U.S. stocks started the fourth quarter on a weak note as healthcare stocks fell and Deutsche Bank's travails weighed on financials.
The German lender (DBKGn.DE) is working to reach a settlement with U.S. authorities who have demanded a fine of up to $14 billion for mis-selling mortgage-baked securities.
While the bank's Frankfurt-listed stock (DBKGn.DE) was not trading due to a public holiday, its U.S.-listed shares (DB.N) were down 2.7 percent at $12.72 on Monday.
The bank's woes have unsettled investors who are awaiting third-quarter corporate earnings and the upcoming U.S. presidential... read more

 
3 October 2016 in World News, Views: 41
Source: Reuters
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