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WALL STREET FALLS AS INVESTORS FRET ABOUT BIG BANKS


The fourth quarter got off to a weak start for U.S. stock investors on Monday, with banks and utilities pulling the S&P 500 lower. Major indexes have bounced between gains and losses in the past few days, with investors nervous about the outcome of a tight race for the White House ahead of the Nov. 8 election. Major banks extended recent declines as investors worried about the stability of Deutsche Bank (DBKGn.DE) and also Wells Fargo & Co's (WFC.N) handling of sales abuses.

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#WallStreet #Banks #SP500 #WellsFargo

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