Bank stocks weigh on shares; Dow backs further from 20,000

As in Europe, financial stocks, which have seen a tremendous run since the U.S. presidential election on the back of higher interest rates, were exerting the greatest downward pressure as bond yields retreated further from their recent highs. "It's really investor malaise," said Alan Lancz, president, Alan B. Lancz & Associates Inc, an investment advisory firm in Toledo, Ohio. "So now you have no activity either way, really, and that’s why the volume has really dried up." The stall on