Late Market Roundup
US Financial shares performed the worst in the S&P 500 today. The decliners in the list were Morgan Stanley (NYSE: MS), Goldman Sachs (NYSE: GS), Citigroup (NYSE: C) and Bank of America Corp (NYSE: BAC). Shares of regional banks like Zions Bancorp (NASDAQ: ZION) and Marshall & Ilsley Corp (NYSE: MI) also moved down. Shares of Jefferies Group Inc (NYSE: JEF) dipped about 5% after the company reported a y/y decline in its latest quarter profit.
Shares of the UK closed lower after the gains in mining stocks were offset by weakness in the Wall Street along with worries surrounding the economic view. The FTSE 100 index dropped 0.44% to close at 5,551.11.
The US dollar moved down to reach its lowest level since April against the euro. The dollar also widened its losses against major currencies, a day after the Federal Reserve announcement to take steps to lift the US economy. The dollar index (DXY) lost about 0.63%.
US Treasury prices gained again to push the 10-year note yields down to their lowest in 3 weeks, as the Federal Reserve is likely to buy bonds soon. Yields on 10-year notes lost about 2.64%.
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