Federal Reserve Board announces approval of application by OakNorth Bank plc

The world’s largest technology companies dragged down stocks after rally that put the market on the brink of its all-time highs, with Nvidia Corp.’s earnings due in just a few days.A Bloomberg gauge of the “Magnificent Seven” megacaps sank 1.5%. Conversely, a measure of smaller firms rose on speculation the so-called “rotation trade” out of the “safety” of big tech would be revived after Jerome Po