September 18, 2015 / 1:07 PM / 2 years ago

BUZZ-U.S. financials: Stocks slip after Fed keeps rates unchanged

1 Min Read

** Major U.S. financial stocks slip in premarket trading on Friday, reacting to U.S. Fed keeping interest rates unchanged

** Citigroup Inc down 1.45 pct, Goldman Sachs Group Inc down 1.31 pct, JPMorgan Chase & Co down 1.21 pct, Morgan Stanley down 1.17 pct, Bank of America Corp down 1 pct, Wells Fargo & Co down 0.8 pct

** Fed kept rates unchanged on Thursday, bowing to concerns about global economy, market volatility and sluggish domestic inflation

** KBW Bank Index declined 2.31 pct on Thursday, Dow Jones Titans Financial Services Index fell 0.6 pct

** Insurers American International Group Inc and MetLife Inc also down premarket, as are other financial stocks including Visa Inc, MasterCard Inc, American Express Co and Prudential Financial Inc

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