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Banks nosedive as Trump health care speedbump tanks stocks (print version)

Mar 22, 2017 - St. Louis Post-Dispatch (Missouri)

NEW YORK - U.S. stocks took their biggest loss in five months Tuesday as a health care bill backed by President Donald Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred on by lower taxes and cuts in regulations.

Banks plunged as bond yields continued to fall, which will mean lower interest rates on loans.

Transportation companies including airlines, railroads and rental car companies dropped, and so did materials compan...