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  n Evans Alex Harring Traders work on the New York Stock Exchange floor on Nov. 12, 2024. Spencer Platt | Getty Images Stocks tumbled on Friday as the postelection rally fizzled and investors fretted over the path of interest rates. The  Dow Jones Industrial Average  lost 305.87 points, or 0.70%, to end at 43,444.99. The  S&P 500  slipped 1.32% and closed at 5,870.62, while the  Nasdaq Composite  fell 2.24% to 18,680.12. Declines in pharmaceutical stocks weighed on the 30-stock Dow and the S&P 500, with  Amgen  down about 4.2% and  Moderna  off by 7.3%. President-elect  Donald Trump  said on Thursday that he  planned to nominate vaccine skeptic Robert F. Kennedy Jr.  to lead the U.S. Department of Health and Human Services. The  SPDR S&P Biotech ETF (XBI)  tumbled more than 5% and posted its worst week since 2020. The information technology sector of the S&P 500 was the worst-performing corner of the market, down more than 2%, as  Nvidia,   Meta Platforms ,  Alphabet  

  Points Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The crisis stems back to a landmark judgement from the U.K.’s Court of Appeal in late October, when the court ruled it was unlawful for car dealers to receive bonuses from banks providing motor finance — without getting the customer’s informed consent. It has prompted comparisons to Britain’s payment protection insurance (PPI) scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion). View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Britain’s motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country’s costliest consumer banking scandal. The bu