Financials Down As Traders Hedge On Rate Views - Financials Roundup
Banks, lenders and other financial companies fell as traders hedged their bets on the outlook for interest and tax rates. Bank of America's Merrill Lynch unit introduced a bonus system that will allow brokers to earn up to 2% more in pay by hitting growth targets, The Wall Street Journal reported.
-Rob Curran, email@example.com
(END) Dow Jones Newswires
November 09, 2017 16:22 ET (21:22 GMT)