WASHINGTON (dpa-AFX) - Brokerage stocks are seeing considerable weakness during trading on Thursday, with the NYSE Arca Broker/Dealer Index tumbling by 2.9 percent. With the steep drop, the index has fallen to its lowest intraday level in almost a month.
Investment Technology Group (ITG) is posting a notable loss after JPMorgan downgraded its rating on the company from Overweight to Neutral.
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