Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.
Financial stocks had a bad day, thanks to Fitch’s warning of a downgrade and Minneapolis Fed President Neel Kashkari’s comments on tighter regulations.
Financial stocks had a bad day, thanks to Fitch's warning of a downgrade and Minneapolis Fed President Neel Kashkari's comments on tighter regulations.
STORY: U.S. stocks closed down Wednesday, as investors took profits on five months of gains after rating agency Fitch downgraded the U.S. government s debt.
At the same time, strong employment data underscored worries that the Federal Reserve may not be on the verge of ending its most aggressive monetary policy tightening in decades.