05-01-2017 19:15 via rocketnews.com

Dow, S&P set for first day of losses this year

By Yashaswini Swamynathan
(Reuters) – The Dow Jones Industrial Average and the S&P 500 were poised for their first down day this year as investors sold bank stocks, which had been the driving force behind the Trump rally over the past two months.
The S&P 500 financial index <.SPSY> was down 1.6 percent in early afternoon trading – set for its worst day since September – due to declines in JPMorgan <JPM.N>, Wells Fargo <WFC.N> and Bank of America <B
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