Major U.S. stock-indexes lower on Thursday ahead of the long Easter weekend, as Wells Fargo led declines in financial stocks and gains in the dollar hurt commodities. Wells Fargo's (WFC) 2,2% drop was the biggest drag on the S&P 500. UBS started coverage of the bank's stock with a "sell" rating, citing cloudy revenue outlook and credit risks that extend beyond its energy portfolio.
Most of Dow stocks in negative area (20 of 30). Top looser - UnitedHealth Group Incorporated (UNH, -1,83%). Top gainer - Caterpillar Inc. (CAT, +1,33%).
Almost of all S&P sectors in negative area. Top looser - Financial (-1,3%). Top gainer - Utilities (+0,1%).
At the moment:
Dow 17339.00 -87.00 -0.50%
S&P 500 2019.25 -9.50 -0.47%
Nasdaq 100 4381.50 -14.00 -0.32%
Oil 39.46 -0.33 -0.83%
Gold 1221.10 -2.90 -0.24%
U.S. 10yr 1.90 +0.02