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, firstname.lastname@example.org
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(END) Dow Jones Newswires
November 09, 2017 16:22 ET (21:22 GMT)