Shares of banks and other financial institutions gave back some of their recent gains after minutes from the Federal Reserve's latest meeting triggered a wave of risk aversion.
Citigroup agreed to pay U.K. regulators $78 million for a trader's "fat finger" error when typing in an order to sell shares, an episode that caused a brief "flash crash" in European stocks during work-from-home protocols.
British pound sterling fell against rivals after Prime Minister Rishi Sunak, standing in drenching rain outside 10 Downing Street on Wednesday, said he had spoken to King Charles and asked for Parliament to be dissolved, setting the stage for a brief campaign before the vote.
Toronto-Dominion Bank shares fell ahead of the Canadian bank's earnings report.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-22-24 1730ET
