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Dow drops more than 150 points as rally pauses, banks shares lead losses


Thursday, 23 January 2020 23:36 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


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Stocks fell on Thursday, taking a breather from their recent rally to record highs, as investors pored through the latest batch of corporate earnings results and grappled with fears of the coronavirus spreading.

The Dow Jones Industrial Average pulled back 174 points, or 0.6%. The S&P 500 slid 0.4% while the Nasdaq Composite fell 0.2%.

Goldman Sachs, Bank of America, Citigroup and J.P. Morgan Chase all fell more than 0.9% to lead the market lower. Bank stocks followed the 10-year Treasury yield lower. The rate fell to 1.728%.

Source : CNBC


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