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Dow Looks to Pull Back From Record as Bank Rally Ends

Dow Jones Industrial Average futures moved lower on Friday, coming back from a multi-day rally, as big gains in banking stocks were put on pause.

Dow futures were down 0.24%, S&P 500 futures fell 0.45%, and Nasdaq futures declined 1%.

Banking stocks had lifted the Dow to new records as investors bet on reduced regulatory hurdles under a Donald Trump Administration. Financials including JPMorgan Chase (JPM) , Citigroup (C) and Wells Fargo (WFC) rallied over the past few days, but were pulling back in premarket trading. Banks' business...


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