BUZZ-U.S. STOCKS ON THE MOVE- Bank stocks, oil stocks, Skullcandy
(Adds U.S. Bank stocks, RCS Capital, Skullcandy, Esperion, oil driller stocks, Boston scientific, Cytokinetics, China Southern Airlines, NV5 Holdings; updates oil stocks) (For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)
Energy sector stocks led a broad selloff on Wall Street on Monday as crude prices fell to fresh five-and-a-half-year lows and a strong dollar also weighed on other commodities. The Dow Jones industrial average was down 1.80 percent at 17,511.22, the S&P 500 was down 1.85 percent at 2,020.19 and the Nasdaq Composite was down 42.12 points, or 0.89 percent, to 4,684.70.
** BANK OF AMERICA CORP, $17.359, -3.02 pct
** JPMORGAN CHASE & CO, $60.63, -2.98 pct
** GOLDMAN SACHS GROUP INC, $188.3, -3.14 pct
** CITIGROUP INC, $52.56, -3.13 pct
Shares of major U.S. banks were down in a broad selloff led by energy stocks. "Traders know where they don't want to be invested, before identifying the next buying opportunity," said Gordon Charlop, a managing director at Rosenblatt Securities in New York.