US stocks dip lower after run of record highs

Big banks weighed on the US stock market, tugging major indexes back from record highs.

US stocks dip lower after run of record highs
Thu, 13 Nov, 2014 - 06:28

Big banks weighed on the US stock market, tugging major indexes back from record highs.

Regulators from the US, Switzerland and the UK fined five major banks a total of US $3.4 billion for conspiring to manipulate foreign-currency trading. The news drove down bank stocks in Europe and the US.

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CourtsBusinessHeathrowPlace: USPlace: SwitzerlandPlace: EuropePlace: FrancePlace: PennsylvaniaPlace: Mid-AtlanticPerson: Peter CardilloPerson: Sam StovallOrganisation: JPMorgan ChaseOrganisation: Rockwell Global Capital ManagementOrganisation: Standard & PoorOrganisation: DowOrganisation: NasdaqOrganisation: BB&TOrganisation: SusquehannaOrganisation: Wall StreetOrganisation: S&P Capital IQOrganisation: American Automobile Association
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