Markets drop following Fed stress test of banks | TheHill

Markets opened down Friday morning after the Federal Reserve said many banks would face difficulties in the event of a prolonged or deepening coronavirus crisis. The Dow Jones Industrial Average dropped 150 points, or 0.6 percent, and the S&P 500 fell 13 points, or 0.4 percent. On Thursday, the Fed said it would restrict banks from stock buybacks and limit dividends to investors based on the results of its latest bank stress test.....
https://thehill.com/policy/finance/504677-markets-drop-following-fed-stress-test-of-banks