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APR 05, 2013 - MarketWatch

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Financial stocks fall after weak jobs report

NEW YORK (MarkeWatch) -- Financial stocks fell on Friday in premarket trading as fewer jobs were created in March than expected, a signal of weaker growth in the economy. The Financial Select Sector SPDR Fund , which tracks financial stocks in the S&P 500, was down 1.2% in premarket trading. Citigroup Inc. and Morgan Stanley were down more than 2% and Bank of America was down nearly 2%. Goldman Sachs Group Inc. was down 1.5% and J.P. Morgan Chase & Co. was down 1.25%. Barclays PLC was down more than 3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as ... Read More

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