Home > Uncategorized > Wall Street pauses as financials wilt on Irish downgrade | The National Business Review – New Zealand – business, markets, finance, politics, property, technology and more

Wall Street pauses as financials wilt on Irish downgrade | The National Business Review – New Zealand – business, markets, finance, politics, property, technology and more

Stocks on Wall Street have taken a breather after four straight weeks of gains.

In Europe, financial stocks slipped after Moody’s downgraded the debt of Anglo Irish Bank by three notches. Among Dow stocks, Bank of America fell 1.4%, while J.P. Morgan Chase shed 1.2%..

As we wrote earlier in the year, European debt troubles are far from over and Gold continues to climb.  Read the full article at…

http://www.nbr.co.nz/article/wall-street-pauses-financials-wilt-irish-downgrade-130615

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