Wall Street's retreat from records accelerated through this morning on rising geopolitical tensions involving North Korea. Closer to home, President Trump has signed his second iteration of a controversial travel ban. Factory orders in January came in stronger than expected, a sign the U.S. manufacturing sector continues to improve from weakness last year. Orders rose by 1.2%, 100 basis points above estimates. Deutsche Bank (DB) - Get Deutsche Bank AG Report slumped after announcing plans to raise around $8.5 billion from shareholders. This marks the fourth time since 2010 that the bank has sought to increase capital. Citi raised Apple's (AAPL) - Get Apple Inc. Report price target and maintained its buy rating. Analysts said the expected iPhone 8 should drive sales and earnings growth in the second half of the year.
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