Afternoon Markets: Dow dips ahead of stress test results

The Dow Jones opened marginally lower on Thursday despite leaked 'stress test' results suggesting go...

The Dow Jones opened marginally lower on Thursday despite leaked 'stress test' results suggesting good news for Bank of America and Citigroup. Shortly after opening, the index dropped more than 30 points, or 0.44%, to 8,475.25. Bank of America and Citigroup lead the winner's table, advancing 16.98% to $14.85 and 6.22% to $4.10 respectively. Shares in both banks rallied after leaked results of the Federal Reserve's banks stress testing scheme gave an indication of their financial strength. Confirmed results are expected later today. In the UK, the FTSE 100 continued its upward surge ...