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Wall St lower as tech stocks see renewed selling, banks higher

Published 06/29/2017, 11:43 AM
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Investing.com - U.S. stocks were lower Thursday as the tech sector saw renewed selling and banks rose.
The DJI was off 0.17% at 11:00 ET. The S&P 500 shed 0.34%.
The tech-heavy Nasdaq composite was off 0.91%.
The dollar index remained near multi-month lows as the euro and the pound on hawkish central bank remarks.
U.S. Q1 GDP growth was revised up to 1.4% from a previous reading of 1.2%.
Weekly jobless claims unexpectedly rose but remained at low levels.
Oil extended its recovery for the sixth session in a row.
Tech stocks were mostly lower after a strong recovery overnight.
Banks were higher after unveiling shareholder remuneration plans after passing Federal Reserve stress tests.
(NYSE:JP Morgan) was up 2.07%, while (NYSE:Goldman Sachs) also added 2.07%.
But (NYSE:Capital One) missed out after being asked to resubmit its capital plan.

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