Shares of banks and other lenders and money managers fell slightly on the session but remained more or less flat on the week as investors rotated out of growth sectors such as technology and into sectors that have lagged the bull market so far.
BlackRock rose after a report in The Wall Street Journal that the Federal Reserve's decision to enlist the world's largest money manager by assets to stabilize markets had benefited the company.
Trading firm Citadel Securities and Quantlab Financial, another firm that uses computer models to automate buying and selling, were allegedly victimized by the spoofing of two ex-Deutsche Bank precious-metals traders, who are fighting fraud charges against them in a case closely watched on Wall Street.
Sweden's Swedbank said the nation's financial supervisory authority is investigating the bank for suspected breaches of market-abuse regulations related to insider information and disclosures of money laundering.
Write to Rob Curran at rob.curran@dowjones.com
