We know the Dow is off 100 points from bad news about Euro downgrades on the way. JP Morgan’s so-so earnings report didn’t help either.
How’s that news treating financials?
Not well at all. They’re back to being the worst performers on the S&P 500.
Here’s the rundown:
- JP Morgan is down 3.8%
- Bank of America is down 4.2%
- Goldman Sachs is down 3.4%
- Morgan Stanley is down 3.8%
Fairing best out of all of them is Citigroup, down only around 3.2%.
Since JP Morgan reported today (though they aren’t leading the charge down), here’s what they look like right now.