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What is Bank Stocks Decline Amid Insider Probe about?
Bank stocks fell on Monday, dragging down broader stock market indexes, as reports emerged of investigations into possible insider trading at large banks like Goldman Sachs. The Dow Jones Industrial Average fell 0.2% while the S&P 500 lost 0.2% as well, with bank stocks like Bank of America and JPMorgan down sharply. Traders remained cautious this week ahead of the Thanksgiving holiday and economic reports later in the week that could influence market movement.
- Author
- meetmananshah
- Language
- EN