US STOCKS-Wall St drops as investors brace for presidential debate

lunes 26 de septiembre de 2016 17:15 GYT

(Adds detail on bank stocks)

* Pfizer falls after abandoning plan to split

* U.S. presidential debate kicks off at 9 p.m. ET

* Deutsche Bank down, weighs on U.S. financials

* Indexes fall: Dow 0.91 pct, S&P 0.86 pct, Nasdaq 0.91 pct

By Noel Randewich

Sept 26 (Reuters) - Wall Street fell on Monday as Deutsche Bank weighed on financials and investors hunkered down for the first debate between U.S. presidential candidates Hillary Clinton and Donald Trump.

Big banks led the declines as investors worried that Deutsche Bank might need to add additional capital to pay for a$14 billion U.S. demand to settle claims it missold mortgage-backed securities.

Its U.S.-listed shares fell 7.06 percent to a record low after the bank said it had no need for German government assistance, a response to an earlier report that Chancellor Angela Merkel had warned not to expect any.   Continuación...