(Bloomberg) — Stocks fell after Treasury Secretary Steven Mnuchin said that getting a stimulus deal done before the Nov. 3 election will be difficult.Traders also parsed mixed results from some of the largest U.S, banks. Wells Fargo & Co. slumped on a 56% plunge in profit, while Bank of America Corp. slid amid an increase in trading revenue that was just a fraction of its competitors’ gains. Goldman Sachs Group Inc. outperformed after posting a surge in fixed-income revenue that pushed earnings per share to a record. Netflix Inc. rallied as some firms boosted their targets for the shares.While there’s …read more
Source:: Yahoo Finance
