Wall Street drops on euro-zone woes and banks’ slide
NEW YORK (Reuters) – Stocks fell on Friday on renewed concerns about the euro zone after the cost of insuring Spanish debt against default hit a new high. Banks were the biggest losers. The S&P financial sector index fell 1. 7 percent despite earnings from JPMorgan Chase & Co and Wells Fargo & Co that beat Wall Street’s expectations. [ID:nL2E8FD24F][ID:nL2E8FD2TN] JPMorgan shares slid 2. 1 percent to $43. 91 and Wells Fargo shares fell 2. 2 percent to $33. 27. . . .
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