Barclays Market Value Sinks After UK Lending Margins Squeezed

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Barclays Plc lost as much as $2.7 billion in market value on Tuesday after inaugurating the reporting season for UK banks by lowering its forecast for lending profitability.

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Stock market today: Wall Street drifts lower as pressure rises from the bond marketNEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.
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