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Wall Street falls on worries over Italy's budget, trade concerns

Updated : September 28, 2018 08:43 PM IST

Italy's new government proposed a 2019 budget with a deficit three times bigger than the previous administration's target, sparking a sell-off in European stock markets
In the United States, banks were hit the hardest with Goldman Sachs, Wells Fargo and Bank of America, Citigroup and JP Morgan trading down between 0.20 percent and 1.20 percent.
Wall Street falls on worries over Italy's budget, trade concerns
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