US Close 19 Sept 16: US lower on Friday, Deutsche Bank & tech stocks in focus
CommSec

US Close 19 Sept 16: US lower on Friday, Deutsche Bank & tech stocks in focus

2016-09-19
US sharemarkets eased on Friday. Just as in Europe, the Department of Justice case against Deutsche Bank weighed on the banking sector. Deutsche Bank's US shares fell by 9.4%. Shares in Intel rose 3% to a 15-year high after the chipmaker raised its third-quarter revenue forecast. The Dow Jones index fell by almost 89 points or 0.5% with the S&P 500 index lower by 0.4% while the Nasdaq lost 5 points or 0.1%. Over the week the Dow Jones rose by 0.2% with the S&P 500 index up 0.5% while the Nasdaq gained 2.3%.
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