The U.S. stock market opened on a note undecided on Friday, after aligning Thursday for a sixth straight session of gains, led by the industry.
A technical correction was expected.But that was not expected, is the slamming received by Goldman Sachs, whose shares fell by more than 12.5% to 17.15, bringing with it the whole banking sector and stock market indices.
The U.S. stock market watchdog, the SEC announced Friday it was suing the U.S. investment bank Goldman Sachs to "fraud" on the sale of investment securities linked to subprime mortgages, known as subprime cash till payday.
Goldman Sachs and one of its leaders, Fabrice Tourre, are accused of defrauding investors face while making "misleading statements and omitting material facts on certain financial products linked to subprime loans when the market U.S. housing prices began to collapse. "
The Dow Jones, which retreated in early trading by 0.41%, slipping from 0.92% to 11,041 points. The Nasdaq slipping 1.23% and back below the 1,200 points, 1190 points exactly, and the S & P retrograde 1.8% to 2049 points.
- Goldman Sachs under a criminal investigation
- The boss of Goldman Sachs triple his salary
- Wall Street cautious
- Wall Street should take the height
- BASF will acquire Cognis for 3.2 billion euros