Wall Street hit by decline in financial, tech stocks

Wall Street was near session lows late on Friday morning as Oracle led a decline in tech stocks and financials came under pressure in the wake of Deutsche Bank's mammoth $14 billion fine. The far bigger-than-expected penalty was levied by the U.S. Department of Justice to settle claims that the German bank missold mortgage-backed securities. Deutsche Bank's U.S.-listed shares were down 9.2 percent.