• Financial Sector Sinks More Than 4%

    5 monthes ago - By ETF Daily News

    From MT Newswires :
    Top Financial Stocks
    JPM -3.97%
    BAC -5.59%
    WFC -4.38%
    C -5.03%
    USB -2.99%
    Financial stocks were tumbling in afternoon trading, including a 2.9% drop for the NYSE Financial Index, while shares of financial companies in the S&P 500 were falling 4%. The Philadelphia Housing Index was falling 3.4% .
    Among financial stocks moving on news:
    (-) Bank Of Montreal dropped 3% amid a tumble in financial shares. The company reported better-than-expected fiscal Q4 results and raised its quarterly dividend.
    In other sector news:
    (-) UDR slipped almost 2% on Tuesday after pricing a...
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