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Wall St slips amid rising US-Russia tensions; eyes on Zuckerberg's hearing

Escalating tensions in Syria lifted oil prices by over 2 per cent to their highest in more than three years


Wall Street edged lower on Wednesday as brewing tensions between the United States and Russia over a possible military action against Syria turned investors risk averse. The S&P banks index slipped more than 1 per cent and were the biggest decliners. JP Morgan and Bank of America fell about 1.2 per cent, while Goldman Sachs dropped 1.6 per cent. The US 10-year yields fell to 2.7753 per cent after US President Donald Trump declared that missiles "will be coming" and blasted Moscow for standing by Syrian President Bashar Assad.  Russia had earlier warned ...

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First Published: Wed, April 11 2018. 23:23 IST