The US markets fell on Thursday, and the local market is following, with Financial Stocks under pressure. Here is the view at 1:00 PM. Macquarie is 3.36% lower, AMP down 4.2%, Mortgage Choice down 1.62% and Westpac down 1.89%. These moves are taking the financial sector firmly into negative territory.
The Financials index is down 1.81% at the moment, having started the day in positive territory.
Here is our summary of the US market action, recorded earlier today.
