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JUL 26, 2013 - MarketWatch

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Financial stocks retreat weighs on broader market

NEW YORK (MarketWatch) -- Financial stocks slipped on Friday after mixed results half way through earnings season and concern over economic growth in Japan and China. The Financial Select Sector SPDR Fund , which tracks financial stocks in the S&P 500 , was down 1%, one of the biggest sectors dragging down the index. J.P. Morgan Chase & Co. and Bank of America Corp. fell more than 1.3% and were among the biggest losers on the Dow Jones Industrial Average . Citigroup Inc. was down 1.3%. Goldman Sachs Group Inc. slipped nearly 0.9%. Morgan Stanley and Wells Fargo & Co. were down ... Read More

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