Financial stocks led an afternoon retreat on Wall Street on Thursday after a warning from US Bancorp heightenend concerns that the forthcoming earnings season would bring heavy writedowns.
By Alistair Gray in New York
Published: December 11 2008 14:03 | Last updated: December 11 2008 21:49
Financial stocks led an afternoon retreat on Wall Street on Thursday after a warning from US Bancorp heightenend concerns that the forthcoming earnings season would bring heavy writedowns.