Bank of America Shares and Financial ETFs Lead The Market Drop
June 01, 2011 at 15:45 PM EDT
Financial sector companies and exchange traded funds (ETFs) lead the market decline as investors dumped financial banks like Bank of America (NYSE: BAC) on bearish resistance. BofA shares are down 3.66% while the Financial Select Sector SPDR Fund (NYSEArca: XLF) is down 2.59%. The stock markets...