Photo: Andrew Burton / Getty
If you guessed Morgan Stanley, then you’re right.It was only a few months ago that whenever stocks fell on European woes, Morgan Stanley led the way down.
Today, markets are down on renewed worries about Europe, and financial stocks are caught up in the line of fire as all the big bank are down.
Financial stocks are some of the most sensitive to economic news and lead the sell-off when investors lose confidence, so shares of big banks have been some of the most actively traded stocks today amidst the bearish sentiment.
Here’s a rundown:
- Morgan Stanley: -5.33%
- Citigroup: -4.93%
- Goldman Sachs: -4.43%
- Bank of America: -3.39%
- Wells Fargo: -3%
- JP Morgan: -2.82%
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