While you were sleeping: Wells Fargo share drop

Thu, 24 Mar 2016

By Margreet Dietz March 25 (BusinessDesk) - Equities on both sides of the Atlantic moved lower before the Easter long weekend. “The outlook for most investors is caution,” Amir Madden, portfolio manager at asset management firm GAM in New York, told Reuters. US Federal Reserve Bank of St Louis President James Bullard warned that the next interest rate increase “may not be far off provided the economy evolves as expected.” Bullard made the comments in prepared remarks for the New York Association for Business Economics. Traders are...

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