Goldman Sachs Takes Chunk Out of Dow, Insurers Fall Ahead of Hurricane Irma

There were big losses in Wall Street's return from the long weekend as North Korea's latest missile tests set off market tremors.
By Keris Alison Lahiff ,

There were big losses in Wall Street's return from the long weekend as North Korea's latest missile tests set off market tremors. The Dow Jones Industrial Average ended more than 200 points lower.

Financials were the worst performers with Goldman Sachs Group Inc. (GS) - Get Report shares taking a large chunk out of the Dow. Other laggards in the financial sector include Bank of America Corp. (BAC) - Get Report , Wells Fargo & Co. (WFC) - Get Report , JPMorgan Chase & Co. (JPM) - Get Report , and Citigroup Inc. (C) - Get Report .

Tech leaders responded to President Trump's decision to scrap DACA with a resounding 'no.' Facebook Inc. (FB) - Get Report and Microsoft Corp. (MSFT) - Get Report were among those calling for legislation to protect undocumented immigrants that arrived in the U.S. as children.

Insurance stocks were lower with Hurricane Irma on track to make landfall in Florida by the weekend. Travelers Companies (TRV) - Get Report , one of the largest insurers in the U.S., was down around 3% in its worst performance of the year. 

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